Goodbye India! Outsourcing rolls back to Long Island
GeekBoy
infrastructure, the tide of outsourcing may finally be rolling back in.
Hailo Llc, the Holbrook-based manufacturer of ladders for the towers used in
wind turbines, has long imported parts from Germany, where its parent
corporation is headquartered. In fact, until its first American-made ladder
rolled off the Holbrook assembly line this August, the North American
subsidiary was importing the ladders themselves.
At the facility's official opening this week, company management cited
proximity to New York's shipping ports, the opportunity to employ non-union
workers and Empire Zone-related tax breaks as key factors in their decision
to locate their North and South American headquarters here
But the dollar has grown so weak in international currency markets that what
used to arrive through the port will soon be shipped from other domestic
facilities, according to operations manager Stacy Rowles.
Hailo Llc started off as a one-man show on Long Island after a Commack man,
who has since left the company, met company representatives at a trade show.
As inexpensive Asian imports began competing against Hailo's consumer
products and sales lagged, the company began distributing more and more
professional-grade products imported from Germany.
Eventually, according to Hailo Llc chief executive Oliver Hirschfelder, the
company realized it would be more cost-effective to manufacture its
industrial ladders and, soon, elevators, here on Long Island. He said
America's wind power industry is five to 10 years behind Germany's so the
company had an edge in securing exclusive contracts with all the major tower
manufacturers.
Today, the company ships 120 wind turbine towers worth of ladders every week
to destinations in the United States, Canada, Mexico and Latin America,
according to operations manager Stacy Rowles. But as it ramps up
operations -- Hailo needs to increasing its workforce from 14 to 50 to enjoy
the Empire Zone-related tax breaks it anticipates -- the operation should
grow much larger.
That means that in the end, despite hours of talk and countless political
news releases about attracting renewable energy-related jobs to Long Island,
it was America's flagging economy and the favorable Euro-to-dollar exchange
rate that finally secured Islip a piece of the action -- the ladder piece.
http://www.newsday.com/business/ny-bzladd1110b,0,3024787.story?coll=ny-homepage-big-pix
Sanny
Every things have 2 sides. I am happy we will get cheaper computers,
mobile phones and LCD Monitors from USA. So Indians can buy US items
for cheap.
Well Exporters have to suffer. I think they should now raise the
prices of their products they Export.
Bye
Sanny
Play Chess at: http://www.GetClub.com/Chess.html
The Trucker
Good on ya, Sanny.
>
> Play Chess at: http://www.GetClub.com/Chess.html
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