This notice caught my eye: Separately, Mitsubishi Motors has confirmed it will stop making cars in the U.S. due to dwindling output in recent years. Production at its sole North American plant, in Normal, Illinois, will move to Japan and Thailand. Although it has seen solid growth rates in the U.S. this year, Mitsubishi (OTCPK:MMTOF) faces higher costs due to the strong U.S. dollar.
“Isn’t it wonderful,”he said sarcastically, “that you can just pick up a plant and move it to another place where wages are lower. Wonder what happens to the ex-employees in Normal, Illinois.”
On its website, Mitsubishi Motors said it contributes $120 million a year to the local economy in taxes, salaries and benefits. The auto plant is the only UAW plant left in the country with 1.200 employees.
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