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Ralphie Bruber

Joined: 7/18/14 Posts: 4562
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Steel tariffs hurting nail factory in Poplar Bluff, MO...


"A nail factory in Poplar Bluff has laid off dozens of employees this month and it’s possible the situation could get much worse."
[...]
"Pratt says their customers have canceled 50 percent of their orders because the price of their products have jumped up since the steel tariffs started.

“The low priced import nails that we are having to compete with that are not apart of the section 232 tariff has forced our customers to start seeking products in those areas," Pratt said. "So they are going away from the US manufactured product that supports our local industry and jobs."

Although employees are being let go now, George Skarich, the executive vice president of sales and marketing, says the company saw large job growth in 2012 when it was sold to DeAcero, a global steel company based in Mexico."

(In response to this post by MoBuffs)

Link: KFVS- Steel tariffs hurting nail factory in Poplar Bluff, MO


Posted: 06/22/2018 at 11:09PM



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Current Thread:
  Steel tariffs hurting nail factory in Poplar Bluff, MO... -- Ralphie Bruber 06/22/2018 11:09PM
  About time -- buffdad 06/22/2018 10:48PM
  I haven't like him much in the past -- buffdad 06/22/2018 8:49PM
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