TV News LIES

Monday, May 02nd

Last update05:20:13 AM GMT

You are here News Economy Workers sorry Vise-Grip plant moving to China

Workers sorry Vise-Grip plant moving to China

E-mail Print PDF

Vise-Grip is an iconic name in Nebraska, one of the most famous products invented or developed in the state, along with Kool-Aid, raisin bran, and the Reuben sandwich.

The locking pliers have been manufactured in DeWitt for more than 80 years. DeWitt blacksmith and Danish immigrant William Petersen got a patent for the device in 1924.

American Tool sold out in 2002 to Newell Rubbermaid, a minority owner since 1985. Since then, the DeWitt plant has operated under the name of Irwin Industrial Tools, a company American Tool bought in 1993.

Oden said employees were told that "to keep the Vise-Grip name competitive, they had to move to China."

More...


Most Recent Related Stories...


SunEdison files for Chapter 11 bankruptcy protection

SunEdison files for bankruptsyU.S. solar energy company SunEdison Inc (SUNE.N) filed for Chapter 11 bankruptcy protection on Thursday, becoming...

U.S. regulators fail 'living wills' at five of eight big banks

5 big banks fail regulation testFive out of eight of the biggest U.S. banks do not have credible plans for winding...

US corporations have $1.4tn hidden in tax havens, claims Oxfam report

US corporations hide 1.4t in tax havensUS corporate giants such as Apple, Walmart and General Electric have stashed $1.4tn (£980bn) in tax...

Goldman Sachs to pay $5 billion in U.S. Justice Dept mortgage probe

Goldman SachsGoldman Sachs Group Inc (GS.N) has agreed to pay $5.06 billion to settle claims that it...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!