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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.

TheSquealer · 07-16-2019, 05:46 PM

Bladewire · 07-16-2019, 06:01 PM

That sucks they're the top most innovative furniture & home living companies in the world.

This is one of their new robotic pieces of furniture that changes shape for the most productive use of space and storage.

One is called Ori , the other is called Rognan

brassmonkey · 07-16-2019, 06:08 PM

you are blaming their greed on trump? anyone buying from them now is a fucking idiot

Bladewire · 07-16-2019, 06:12 PM

Quote:

Originally Posted by brassmonkey

you are blaming their greed on trump?

Trying to break even isn't greed, it's survival.

As much as you want America to be a socialist country, corporations are in business to make a profit so they can pay employees and survive as an entity.

Under Trump & his Trump tarrif taxes America has ceased being the land of profitability for most corporations. The economists say the recession starts this year or Q1 of 2020.

Blocked alt-right hate fake nic troll reply in 3.. 2.. 1...

DraX · 07-16-2019, 06:34 PM

Quote:

Originally Posted by Bladewire

Trying to break even isn't greed, it's survival.

As much as you want America to be a socialist country, corporations are in business to make a profit so they can pay employees and survive as an entity.

Under Trump & his Trump tarrif taxes America has ceased being the land of profitability for most corporations. The economists say the recession starts this year or Q1 of 2020.

Break even.

IKEA management has always gone a lengthy distance to pay minimum tax.

IKEA’s Founder Paid Tax for the First Time in 42 Years

Quote:

In 2015, after returning from a 40 years-long Swiss tax exile, IKEA’s founder and the 11th richest person in the world, Ingvar Kamprad, paid Swedish tax for the first time. In 2014, Kamprad declared income of €1.9 million in Sweden. As a result, he was subject to Swedish personal income tax amounting to €640.000.

https://www.nomoretax.eu/ikeas-found...e-in-42-years/

How IKEA Billionaire Legally Avoided Taxes From 1973 Until 2015

Quote:

89-year old IKEA founder Ingvar Kamprad is said to be the eighth wealthiest person in the world, with an estimated net worth of $43.2 billion. He was in favor of everything Swedish except taxes. So he spent more than 40 years paying as little as possible, both individually and for his company.

https://www.forbes.com/sites/robertw...73-until-2015/

Rochard · 07-16-2019, 06:41 PM

I love Ikea.

King Mark · 07-16-2019, 07:32 PM

Boozer · 07-16-2019, 07:56 PM

Particleboard furniture.. lmao

You can have it.

Tasty1 · 07-16-2019, 09:43 PM

Quote:

Originally Posted by crockett

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.

Probably not enough illegals anymore to work for cheap.

pimpmaster9000 · 07-16-2019, 11:10 PM

production costs going up are sure signs of MAGA...

07-16-2019, 05:45 PM	#1
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.

07-16-2019, 05:46 PM	#2
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 25,093	__________________ . Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard

07-16-2019, 06:08 PM	#4
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 76,974	you are blaming their greed on trump? anyone buying from them now is a fucking idiot __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

07-16-2019, 06:41 PM	#7
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 72,971	I love Ikea. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

07-16-2019, 11:10 PM	#11
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	production costs going up are sure signs of MAGA... __________________ Report a suspicious cracker: Click Here

07-16-2019, 06:01 PM	#3
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	That sucks they're the top most innovative furniture & home living companies in the world. This is one of their new robotic pieces of furniture that changes shape for the most productive use of space and storage. One is called Ori , the other is called Rognan

07-16-2019, 07:32 PM	#8
King Mark So Fucking Banned Industry Role: Join Date: Aug 2016 Posts: 27,033

07-16-2019, 07:56 PM	#9
Boozer So Fucking Banned Join Date: Feb 2005 Posts: 3,134	Particleboard furniture.. lmao You can have it.