Wednesday, December 21, 2005
CAFTA: The Initial Effects
Our so-called leaders, including in the Carolinas, were warned!!
CAFTA blamed for layoffs at Edenton textile plant
December 3, 2005
EDENTON, N.C. --More than 200 employees will lose their jobs at an Edenton manufacturing plant when the company moves most of its operations to Central America in the coming year.
Edenton Town Manager Anne-Marie Knighton said the decision by George C. Moore Co. is the result of the recently adopted Central American Free Trade Agreement.
The first 30 of the 203 employees at the plant are expected to be laid off in April, with the remainder let go by the end of 2006, according to a company news release.
[Read the rest at the above URL--or, in case that link quits working, click here.]