Supply Chain Management

Chicago-area manufacturer to lay off 150 people as it moves operations to Mexico, in part to avoid tariffs

By the Chicago Tribune

Aug 14, 2018

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A manufacturer of storage safes is closing its two Chicago-area factories and moving operations to Mexico, in part because of the Trump administration’s tariffs on metal from China.

Stack-On Products plans to lay off a total of 153 people when it closes both facilities Oct. 12, said Al Fletcher, human resources director for Alpha Guardian, the Las Vegas-based parent company.

“The operation is really not profitable,” Fletcher said. He said the decision to relocate operations to Juarez, Mexico, was made about two months ago when President Donald Trump announced tariffs on numerous goods and materials from China as well as other countries, to reduce what the president has called an unfair trade deficit.

Read the full story at chicagotribune.com.