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  • crockett
    in a van by the river
    • May 2003
    • 76818
    #1

    More MAGA...

    Ikea is closing it's only US production facility to move it to Europe..

    https://www.cnn.com/2019/07/16/busin...ing/index.html


    Ikea is shutting down its only furniture factory in the United States.

    "We made every effort to improve and maintain the competitiveness of this plant, but unfortunately the right cost conditions are not in place to continue production in Danville," site manager Bert Eades said in a statement.

    In justifying its decision, Ikea pointed to raw material prices, which it said are higher in the United States than Europe. Ikea operates plants in European countries including Poland, Russia and Sweden.
    In November, you can vote for America's next president or its first dictator.
    Tags: None
    • TheSquealer
      Mayor of Thneedville
      • Oct 2004
      • 26181
      #2
      .
      Yes, fewer illegal immigrants working equates to more job opportunities for American citizens.

      Rochard

        Comment

        • Bladewire
          StraightBro
          • Aug 2003
          • 56228
          #3
          That sucks they're the top most innovative furniture & home living companies in the world.

          This is one of their new robotic pieces of furniture that changes shape for the most productive use of space and storage.

          One is called Ori , the other is called Rognan








          Skype: CallTomNow

            Comment

            • brassmonkey
              Pay It Forward
              • Sep 2005
              • 77397
              #4
              you are blaming their greed on trump? anyone buying from them now is a fucking idiot
              TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
              DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                Comment

                • Bladewire
                  StraightBro
                  • Aug 2003
                  • 56228
                  #5
                  Originally posted by brassmonkey
                  you are blaming their greed on trump?
                  Trying to break even isn't greed, it's survival.

                  As much as you want America to be a socialist country, corporations are in business to make a profit so they can pay employees and survive as an entity.

                  Under Trump & his Trump tarrif taxes America has ceased being the land of profitability for most corporations. The economists say the recession starts this year or Q1 of 2020.

                  Blocked alt-right hate fake nic troll reply in 3.. 2.. 1...


                  Skype: CallTomNow

                    Comment

                    • DraX
                      Confirmed User
                      • Oct 2002
                      • 7147
                      #6
                      Originally posted by Bladewire
                      Trying to break even isn't greed, it's survival.

                      As much as you want America to be a socialist country, corporations are in business to make a profit so they can pay employees and survive as an entity.

                      Under Trump & his Trump tarrif taxes America has ceased being the land of profitability for most corporations. The economists say the recession starts this year or Q1 of 2020.
                      Break even.

                      IKEA management has always gone a lengthy distance to pay minimum tax.

                      IKEA’s Founder Paid Tax for the First Time in 42 Years

                      In 2015, after returning from a 40 years-long Swiss tax exile, IKEA’s founder and the 11th richest person in the world, Ingvar Kamprad, paid Swedish tax for the first time. In 2014, Kamprad declared income of €1.9 million in Sweden. As a result, he was subject to Swedish personal income tax amounting to €640.000.
                      https://www.nomoretax.eu/ikeas-found...e-in-42-years/

                      How IKEA Billionaire Legally Avoided Taxes From 1973 Until 2015

                      89-year old IKEA founder Ingvar Kamprad is said to be the eighth wealthiest person in the world, with an estimated net worth of $43.2 billion. He was in favor of everything Swedish except taxes. So he spent more than 40 years paying as little as possible, both individually and for his company.
                      https://www.forbes.com/sites/robertw...73-until-2015/
                      Deposit Today With BTC - Play With Bitcoins

                        Comment

                        • Rochard
                          Jägermeister Test Pilot
                          • Dec 2001
                          • 75733
                          #7
                          I love Ikea.
                          Herschel Savage
                          Brooklyn, NY

                            Comment

                            • King Mark
                              So Fucking Banned
                              • Aug 2016
                              • 27033
                              #8

                                Comment

                                • Boozer
                                  So Fucking Banned
                                  • Feb 2005
                                  • 3134
                                  #9
                                  Particleboard furniture.. lmao

                                  You can have it.

                                    Comment

                                    • Tasty1
                                      Bla bla blaa
                                      • Jan 2005
                                      • 9529
                                      #10
                                      Originally posted by crockett
                                      Ikea is closing it's only US production facility to move it to Europe..

                                      https://www.cnn.com/2019/07/16/busin...ing/index.html


                                      Ikea is shutting down its only furniture factory in the United States.

                                      "We made every effort to improve and maintain the competitiveness of this plant, but unfortunately the right cost conditions are not in place to continue production in Danville," site manager Bert Eades said in a statement.

                                      In justifying its decision, Ikea pointed to raw material prices, which it said are higher in the United States than Europe. Ikea operates plants in European countries including Poland, Russia and Sweden.
                                      Probably not enough illegals anymore to work for cheap.

                                      everything is fake

                                        Comment

                                        • pimpmaster9000
                                          Too lazy to set a custom title
                                          • Dec 2011
                                          • 26732
                                          #11
                                          production costs going up are sure signs of MAGA...
                                          Report a suspicious cracker: Click Here

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