Bolster
Well-known member
I regret to report that even PLOMB has now been outsourced to China...

hmmm. what is next?
Snap-On outsourced to Vietnam?
Plumb hammers. Far as I know they're still good ol USA.
OT, but:
This morning's newspaper reported the Chinese are demanding intellectual property from auto makers in return for being able to sell in China. China wants to become the world leader in battery powered cars. But they don't have the technology to do that (at this time). So their "deal" with automakers worldwide is: Give us your technology and intellectual property, and you may sell here. Once we reverse-engineer what you are doing, we will compete you out of business with state-funded factories.
No surprise that automakers are unhappy with this offer, which is akin to telling somebody that you would be happy to assist in their suicide, but can you borrow their gun to help.
http://business-news.thestreet.com/...0/09/17/a/697365169-china-spooks-auto-makers/
OT, but:
This morning's newspaper reported the Chinese are demanding intellectual property from auto makers in return for being able to sell in China. China wants to become the world leader in battery powered cars. But they don't have the technology to do that (at this time). So their "deal" with automakers worldwide is: Give us your technology and intellectual property, and you may sell here. Once we reverse-engineer what you are doing, we will compete you out of business with state-funded factories.
No surprise that automakers are unhappy with this offer, which is akin to telling somebody that you would be happy to assist in their suicide, but can you borrow their gun to help.
http://business-news.thestreet.com/...0/09/17/a/697365169-china-spooks-auto-makers/
