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Businesses United States

Samsung Plans To Open $380 Million Home Appliance Plant In US, Creating Almost 1,000 Jobs (cnbc.com) 65

Samsung Electronics has agreed to open a $380 million home appliance manufacturing plant in Newberry County, South Carolina. The new plant is expected to generate 954 local jobs by 2020. CNBC reports: The South Korean firm said this year it was in talks to build a home appliances plant in the United States amid worries about protectionist policies under U.S. President Donald Trump put pressure on global companies to generate jobs in the country. "With this investment, Samsung is reaffirming its commitment to expanding its U.S. operations and deepening our connection to the American consumers, engineers and innovators," Samsung Electronics America President and CEO Tim Baxter said.
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Samsung Plans To Open $380 Million Home Appliance Plant In US, Creating Almost 1,000 Jobs

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  • amid worries about protectionist policies under U.S. President Donald Trump put pressure on global companies to generate jobs in the country.

    What a "breath of fresh air" when a president does exactly what he campaigned on doing as president; and it produces results!

    Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?

    Now, let me hear the other side...

    • Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?

      He hasn't delivered. Way more than 1k job exportations or terminations have been announced "during his watch". Maybe you were being sarcastic though, since 1k jobs is chickenshit, and I missed it. In that case, I'm sorry, but it was something dumb enough for a Trump supporter to actually believe and say.

      • by quenda ( 644621 ) on Wednesday June 28, 2017 @07:49PM (#54709115)

        Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?

        Maybe you were being sarcastic though, since 1k jobs is chickenshit, and I missed it.

        You did not miss it. I took it as sarcasm, but these days, who can tell for sure?

        Trump has been promising the coal miners their jobs back, but everyone in the industry is saying they are not coming back, and the best Trump can do is slow the losses. This is not Trumps fault, or Obama's, or any politician. Automation is global. One excavator can mine 240,000 tons of coal per day with a crew of five.

        Trump may be trying to keep his promises, but he certainly does not try to make promises he can keep.

        • Maybe initiially, to build the plant and install the robots. Certainly 100s of jobs which is still better than nothing.

          But hey, the Sun has risen in the East every single day since Trump was elected. It is really, really important that the sun rises every day, and on that, Trump has delivered in spades. Not a single day missed. And always, the Sun rising in the East, which is much better than the alternatives. Trump gets the important things right.

    • Re: (Score:2, Informative)

      by Anonymous Coward

      ... or that he hasn't delivered?

      Everyone who believed his heath care promises.

    • Re: (Score:3, Funny)

      by Dorianny ( 1847922 )
      Yeh we are all grateful to Trump for wiping out ISIS in 30 days and unveiling his great healthcare plan that is going to cover everyone for less
    • I'll believe it when I see it. Remember when Ford was going to create jobs in the US and now they're going to create jobs in China? Or maybe Carrier agreeing to keep those employees on but now it turns out to be temporary? Big companies have been tripping over themselves to make big proclamations on how many jobs they're going to create but so far very few have actually materialized. It's all about making the President happy so you'll get something nice in return down the line.
    • What a "breath of fresh air" when a president does exactly what he campaigned on doing as president; and it produces results!

      You be sure to let us know when that happens.

  • by Anonymous Coward

    After getting the run around after buying a $3000 fridge when the ice maker broke after 3 months, I spent 4 hours on the phone with them, and they eventually hung up. After the exploding phone fiasco, It seems they went from nearly non existent support hours to 24/7. All of a sudden they were very cooperative. Of course they were.. the warranty was out, and it no longer cost them anything.

    Ive had their support lie to me about monitors for my work I was attempting to RMA. They closed the ticket without e

  • So far the most accurate and yet catchy thing they have some up with has been "Samsung: We set good things alight".

    Clearly, they will have to work on that some more.

  • by OrangeTide ( 124937 ) on Wednesday June 28, 2017 @07:05PM (#54708915) Homepage Journal

    The standard of living has fallen low enough in the US that now we're stealing jobs from China.

    • It is essentially true, these jobs are pretty bad. Most of the factories in the area are working these horrific shifts, something like 4 12.5 hour days the first week and then 3 8 hour days the next week.

      • It is essentially true, these jobs are pretty bad. Most of the factories in the area are working these horrific shifts, something like 4 12.5 hour days the first week and then 3 8 hour days the next week.

        Sounds like a bad business. Why pay overtime?

        It's better to have employees work 3 10 hour shifts a week, only get 30 weeks, that cuts the healthcare costs for a business. Hire twice as many people, because the overhead per employee is low now that you can treat them as part time workers. Your employees will have to figure out what to do about those other 4 days a week when they don't have any job. Change the days you make the employees work so that shifts are always covered, of course that means it's nearly

        • The 12.5 hour workdays cross the weekly boundaries in a way that doesn't create overtime.

          SC has a labor shortage currently (much in the manner of the IT labor "shortage" used to promote H1B) so there aren't twice as many workers available, else we'd probably see that "part time" tactic in use there.

  • Wow, 900 jobs spread amongst 300 million people, what a triumph.

  • by RhettLivingston ( 544140 ) on Wednesday June 28, 2017 @09:55PM (#54709721) Journal

    In real numbers, at 12.4 million we're down more than 7 million factory jobs since the 1979 peak of 19.5 million jobs. Adjusted for population growth, we need 10 million more factory jobs to get back to similar levels. At 1000 jobs a piece, that would require an average of more than 3 announcements per day of a two-term presidency.

    The problem is, the world doesn't need that much more goods - especially considering the volume that could be produced by a buildout of that level with the technology the buildout's investment would create. Though it would only be an 80% increase over current factory employment, it would likely produce a tripling or more of output because we're talking all new plants here.

    We'd be drowning in even more crap than we already have. It's a stupid vision.

    Let's move forward, not backward. We need a new vision. That 19.5 million job peak came during a horrible economic time with 11%+ inflation. As I remember it, it sucked. Do we really want that back?

    • by jabuzz ( 182671 )

      Thing is even if you brought all the manufacturing that has gone overseas in the interim back to the USA, you would never get to that number of jobs because much of it is now automated with robots.

      In fact I would argue that many of the jobs where lost because of the inability of unions to accept that manufacturing was going to need less jobs.

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