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Reply to "Obamacare Medical Device Company Layoffs Begin!!"
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[quote=Anonymous][quote=Freeman]From your article: [quote]The majority of the job losses will come from Beaverton, Oregon, where Welch Allyn plans to close a factory. About 160 workers will lose their jobs when the factory that makes wireless portable patient monitors closes, Meyer said. Production of those products will move to Skaneateles, he said. At the same time, the company will move its remaining thermometer probe cover, lamp and some of its blood pressure cuff production to its factory in Tijuana, Mexico, Meyer said. That factory opened about seven years ago, he said.[/quote] So, they are closing a factory and moving a large part of the production to their factory in Mexico, which they opened seven years ago. Obviously, this is because of Obamacare and not the standard practice of virtually every US manufacturing company over the past twenty years. It must be because of the "turmoil" caused by a 2.3% tax that hasn't been implemented yet. It couldn't have anything to do with the present turmoil in the European markets, which are having a far greater impact on global sales than anything happening in the US. [/quote] "Meyer said the actions were taken to proactively prepare the company to address the Affordable Care Act's mandated U.S. Medical Device Tax, which is scheduled to begin in 2013."[/quote]
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