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Bain Capital is still at it !
http://www.inthesetimes.com/WORKING/ENTRY/13483/PLANT_WORKERS_FIGHT_BAIN_FROM_OUTSOURCING_JOBS/Right now, in Freeport, Ill., Sensata Technologies jobs are being outsourced to China.
A manufacturing and developing plant in Freeport, Ill., which is owned by Bain Capital, the private equity firm Republican presidential nominee Mitt Romney co-founded and was CEO of until 1999, is planning on outsourcing 150 full-time positions to China.
Many workers at the Sensata Technologies plant—along with community organizers, religious leaders and labor leaders from around the state—have began speaking out, urging the company to reconsider.
“This area is hurting already,” George Benson, president of the Freeport chapter of the NAACP, said. “The unemployment rate is already above the state average. This is just a move by some rich folks to make more money, to become richer. They are sending these experienced workers’ jobs overseas just for money. They just keep lining their pockets. This just isn’t in Freeport, this is all over. We have to stand against it. It’s a big fight. But it’s an important fight worth being in.”
The employees—who manufacture sensors that are sold to auto manufactures—were told in early 2011 that the plant would be closing in December 2012. They are currently training their Chinese replacements, who have been flown in by Bain to the Illinois plant. “This just adds insult to injury,” said Cheryl Randecker, a Sensata employee. “They’re going to be here three months and they’re not going to leave knowing everything they need to know.
Many workers at the Sensata Technologies plant—along with community organizers, religious leaders and labor leaders from around the state—have began speaking out, urging the company to reconsider.
“This area is hurting already,” George Benson, president of the Freeport chapter of the NAACP, said. “The unemployment rate is already above the state average. This is just a move by some rich folks to make more money, to become richer. They are sending these experienced workers’ jobs overseas just for money. They just keep lining their pockets. This just isn’t in Freeport, this is all over. We have to stand against it. It’s a big fight. But it’s an important fight worth being in.”
The employees—who manufacture sensors that are sold to auto manufactures—were told in early 2011 that the plant would be closing in December 2012. They are currently training their Chinese replacements, who have been flown in by Bain to the Illinois plant. “This just adds insult to injury,” said Cheryl Randecker, a Sensata employee. “They’re going to be here three months and they’re not going to leave knowing everything they need to know.
more at link
