AAM in today’s NY Times
Posted by jswain on April 26th, 2007Check out today’s NY Times’ look at AAM and our unique worker-management alliance.
A Unified Voice Argues the Case for U.S. Manufacturing
United States Steel, Alcoa, Goodyear and other manufacturing companies have formed an unusual alliance with the United Steelworkers, aiming to preserve and promote manufacturing in the United States. Full story.
April 26th, 2007 at 10:44 pm
I as a shareholder welcome the unions to work with manufacturers to preserve jobs. You have to know your bottom line that is your shareholders. Shareholders is your biggest asset. Not the government, partnerships, banks, MBAs, private equity investors, crapshooters, mutual funds, or whatever, you have to understand that you must maintain beneficial returns to your shareholders. Just do not overstep us, or we will return plenty of disfavors toward your partnerships or whatever schemes you might invented. You unions and manufacturers cant only be so concernred with your own wages, benefits and pensions and leave shareholders with own retirement plans out of the loop. We will unite together and fight you back if you think you can run around us that easily. From this beginning, I believe that your newfound partnership with manufacturers are just a shamble, hogwash, and many other names, but I am willing to let you have the opporunity to show that you have shareholdrers in mind. This is a very important advice I can give you. Take it or leave it!!
April 26th, 2007 at 10:59 pm
As promised: I’ll blog on your site, and you can blog on mine.
Here’s the struggle from the outset: It’s not enough to say, “China bad, trade policy bad, offshoring manufacturing bad.” It’s not happening everywhere with everything. Kia, Hyundai and Toyota are all building new U.S. plants. We write constantly about new innovations that drive new efficiencies. We just had our three Top Plant winners all comment on how they can compete globally with anyone on commodities (circuit breakers) or big-ticket items (the BMW Z-4) by making them better, faster and smarter. If we start there, we will win on innovation and sophistication. Don’t believe me? Where did the IPod come from?
May 9th, 2007 at 2:45 am
This past week witnessed a new beginning in France with the election of a man named Sarkozy. The big story being pandered about pretty much center on finally getting France to align with us more militarily. What is not readily apparant in the media is that Sarkozy stands alone in defending France economically. Where our politicians are still echoing the “free trade” chant while our jobs and standard of living go overseas Sarkozy stands in the future as an economic bastion of protectionism. When questioned by a Financial Times reporter regarding the selling of Arcelor which was Europes largest steelmaker to Lakshmi Mittal Sarky replied it was a mistake.
“Look at the waste of Arcelor, which we sold off on the cheap because we believed the steel industry was history. They got it wrong. They lied.”
Sarky intends on maintaining industry and restoring manufacturing jobs to France which it has been losing steadily for years. Sarkozy doesn’t believe the economic health of France can be left to the market. Sarkozy having been educated in this country knows and understands markets but to Sarky the sovereignty and economic independence of France is first and formost. My question for all of you is who will be our Sarkozy?