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crockett · 07-16-2019, 05:45 PM

Ikea is closing it's only US production facility to move it to Europe..

https://www.cnn.com/2019/07/16/busin...ing/index.html

Ikea is shutting down its only furniture factory in the United States.

"We made every effort to improve and maintain the competitiveness of this plant, but unfortunately the right cost conditions are not in place to continue production in Danville," site manager Bert Eades said in a statement.

In justifying its decision, Ikea pointed to raw material prices, which it said are higher in the United States than Europe. Ikea operates plants in European countries including Poland, Russia and Sweden.

07-16-2019, 05:45 PM
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	More MAGA... Ikea is closing it's only US production facility to move it to Europe.. https://www.cnn.com/2019/07/16/busin...ing/index.html Ikea is shutting down its only furniture factory in the United States. "We made every effort to improve and maintain the competitiveness of this plant, but unfortunately the right cost conditions are not in place to continue production in Danville," site manager Bert Eades said in a statement. In justifying its decision, Ikea pointed to raw material prices, which it said are higher in the United States than Europe. Ikea operates plants in European countries including Poland, Russia and Sweden. __________________ In November, you can vote for America's next president or its first dictator.