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Caterpillar shifts production from Japan to Georgia

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Could there be other reasons for this move besides creating jobs, I wonder?

0 ( +1 / -1 )

High value of the yen for one. It is probably cheaper to source parts in Georgia than in Japan.

Whether there is some political angle, who can say?

2 ( +2 / -0 )

Also good to see that, instead of going back to Illinois (cesspool of union thuggary and corruption) to Georgia. Hopefully, they can keep the unions out.

0 ( +0 / -0 )

I'm sure there's some corporate rebates or kick backs going on as well. Or big tax breaks minimum.

0 ( +0 / -0 )

Another one gone and another one gone. High Yen is the easiest excuse at the moment to pull the cord and jump. I'm surprised they didn't use the Tsunami-excuse like all the other companies that were waiting for their out. Who's next?

0 ( +0 / -0 )

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