BREAKING!!
TRUMP Did it AGAIN!
They Are Heading To TEXAS RIGHT NOW!
The United States economy thrives on a simple principle of production.
When we produce more than we consume, then we can export that excess and bring money
in via sales outside of the United States.
According to The Balance, gross domestic product (GDP) is the best way to measure a country's
economy.
GDP is the total value of everything produced by all the people and companies in the country.
Assuming we can produce more than we use, that means we're not just passing money
around, we're importing it by way of foreign sales, and that's great for us.
The way we achieve a significant GDP is by doing more producing and manufacturing in
the United States.
That will also create jobs as more companies move back to America.
If companies invest in their employees and bring their business to America, then we all
do much better in the long run.
In recent years, it has made more financial sense, even for American companies, to push
their manufacturing outside our borders.
That puts a hit on our economy, even if you factor in the shipping costs.
It costs Americans to lose jobs when a company moves to another country.
This is why we need to bring those businesses back to America and give those jobs to our
citizens.
Thanks to the business-minded policies of the Trump Administration, the United States
is once again going to be home to the manufacturing of the products that had previously gone outside
the U.S.
You were probably buying their products and didn't realize it.
UPI reports that the company will close down its Canadian plant and split the manufacturing
between three plants within the United States:
"Jan. 24 (UPI) — The Campbell Soup Company announced Wednesday that it will shut down
its Toronto plant and move operations to its three U.S. factories.
The Toronto plant will be closed in phases over the next 18 months and production moved
to Maxton, N.C.; Napolean, Ohio; and Paris, Texas.
Mark Alexander, the president of Americas Simple Meals and Beverages, Campbell's parent
company, said the closing was 'a difficult one' that was 'the best course of action
for our business.'
'We are operating in an increasingly challenging environment as our industry's consumer and
retail landscapes continue to change dramatically,' he said in a statement.
Ana Dominguez, president of Campbell's operations in Canada, told the Toronto Star that one
reason for the closing is the company has too much soup and not enough customers.
'Simply put, we are in a situation where we can produce a lot more soup than we can
sell,' she said.
With slow soup sales, the amount of jobs created in the three U.S. factories will be 'minimal,'
company spokesman Thomas Hushen told Bloomberg."
Jobs are important for every American.
Previously unemployed or underemployed people will value job increases more than anyone.
Agendas and political platforms will come and go, but you can always depend on a business
to do what is best for their bottom line.
Campbells and the other companies who've made the same move are proof that the America
First plan is working.
It shows because our economy is improving.
This isn't a move that was made under any sort of financial hardship either.
This move comes shortly after they bought Snyder snack company and thereby expanded
their customer base by quite a bit:
"Dec. 18 (UPI) — Campbell Soup announced Monday a deal to buy the snack maker Snyder's-Lance
for $4.87 billion.
The 148-year-old company said it plans to pay $50 a share in an all-cash deal.
That's a 27 percent premium to Snyder's closing price on Wednesday on Nasdaq, a day
before CNBC first reported the company was considering the sale.
Campbell, based in Camden, N.J., has been on a buying spree, acquiring Bolthouse Farms
in August 2012, organic baby food company Plum in June 2013, biscuit company Kelsen
in August 2013, fresh salsa and hummus maker Garden Fresh Gourmet in June 2015, and organic
broth and soup producer Pacific Foods earlier this month.
Campbell's other brands include Pepperidge Farm products — cakes, Goldfish crackers
and Milano cookies — which it acquired in 1961.
Campbell's also makes Arnott's Tim Tam Biscuits.
'The acquisition of Snyder's-Lance will accelerate Campbell's strategy and is in
line with our purpose, 'real food that matters for life's moments,' ' Denise Morrison,
Campbell's president and chief executive officer, said in a statement.
'It will provide our consumers with an even greater variety of better-for-you snacks.'
Snyder's-Lance, the No. 2 salty snack company behind Frito-Lay, produces brands that include
Snyder's of Hanover, Kettle, Cape Cod, Jays, Archway and Diamond.
Headquartered in Charlotte, N.C., Snyder's-Lance has approximately 6,000 employees and operates
13 manufacturing centers throughout the United States and Britain.
'This acquisition will dramatically transform Campbell, shifting our center of gravity and
further diversifying our portfolio into the faster-growing snacking category,' Morrison
said about the company, which was founded in 1869.
Campbell's plans to finance the acquisition through $6.2 billion of debt.
Campbell's baked snacks generated sales of $2.5 billion in fiscal 2017, which is about
31 percent of Campbell's sales.
Campbell's soup portfolio is approximately 27 percent of the company's annual net sales."
It just makes good business sense for America to incentivize American companies to manufacture
here.
The left wanted everyone to believe that it could not be done, but here we are watching
it happen.
It's not that complicated.
Somebody who knows how to balance a checkbook just has to get the ball rolling.
President Trump's business background is helping the American economy improve.
Unemployment, stocks, and jobs are all looking great right now.
Share and comment if you'd like to see America First be the main priority
of
President Trump.
Không có nhận xét nào:
Đăng nhận xét