REPORT: Manufacturing employer in S. Carolina county may be shutting down over tariffs

BY KAT SHEPHERD / AUGUST 7, 2018 /

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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by TheHill.com:

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

DML News offers the following information published by The State:

In a letter to the S.C. Department of Employment and Workforce obtained by The State, Element wrote “the layoff and closure is a result of the new tariffs that were recently and unexpectedly imposed on many goods imported from China, including the key television components used in our assembly operations in Winnsboro.”

Element said it hoped the closure would be temporary, adding the plant could “re-open in three to six months, but we cannot predict this with any certainty at this time.” The company said layoffs would begin in October.

In a Twitter post (see below) Element Electronics said they believe the “inclusion of our parts on the list of affected products is “accidental and resolvable.”  They are hoping to avoid closure of the plant and are working to remove their products from the tariff list to “save our US factory and impacted jobs.”

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2 Comments

  1. Dean August 7th, 2018 at 6:18 pm

    Buy American!

    Reply

  2. Steve August 7th, 2018 at 6:50 pm

    At one time all televisions and components were manufactured in the United States.GE,RCA,Magnavox,Motorola Zenith etc.Then all of these greedy companies moved production to Japan.Now everything is from China or Korea.We can do it again if these asshats would use some ingenuity

    Reply

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