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kpete

(72,904 posts)
Sun Aug 24, 2014, 09:32 AM Aug 2014

Ferguson's global giant, and those left behind

Emerson employs a lot of less-skilled people to make a lot of different stuff, but not in Ferguson. In Mexico, Central America, South America, Germany, France, Romania, Russia, Turkey, Ukraine, Poland, China, India, Japan, the Philippines and other nations, in 230 manufacturing centers, Emerson employs 130,000 people, including 33,000 at 80 locations in the U.S. and Canada.

...............

In 2009, David Farr, then as now Emerson’s chairman and CEO, told analysts in Chicago that President Barack Obama’s ideas for the environment, health care reform and labor could “destroy” U.S. manufacturing.

“What do you think I’m going to do?” Farr asked his audience. “I’m not going to hire anybody in the United States. I’m moving.”

Last year, David Farr was paid $25.3 million, placing him No. 5 on Equilar’s list of America’s best-paid executives.


http://www.stltoday.com/news/opinion/columns/kevin-horrigan/horrigan-ferguson-s-global-giant-and-those-left-behind/article_54cf78a2-c735-5488-8fcd-c366ee36e132.html
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Ferguson's global giant, and those left behind (Original Post) kpete Aug 2014 OP
Yeah, we know, David Farr.. greedy unpatriotic a$$hole. Cha Aug 2014 #1
OURS is the Party of "free trade". What did you guys think that meant??? Romulox Aug 2014 #2
It's the taxes that the rest of us pay LakeVermilion Aug 2014 #3

LakeVermilion

(1,646 posts)
3. It's the taxes that the rest of us pay
Sun Aug 24, 2014, 10:41 AM
Aug 2014

That ensures that Emerson can go anywhere in the World to get cheap labor without having to worry about violence. He's getting welfare just like Walmart!

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