TV News LIES

Tuesday, Jul 14th

Last update07:21:02 AM GMT

You are here News Economy Workers sorry Vise-Grip plant moving to China

Workers sorry Vise-Grip plant moving to China

E-mail Print PDF

Vise-Grip is an iconic name in Nebraska, one of the most famous products invented or developed in the state, along with Kool-Aid, raisin bran, and the Reuben sandwich.

The locking pliers have been manufactured in DeWitt for more than 80 years. DeWitt blacksmith and Danish immigrant William Petersen got a patent for the device in 1924.

American Tool sold out in 2002 to Newell Rubbermaid, a minority owner since 1985. Since then, the DeWitt plant has operated under the name of Irwin Industrial Tools, a company American Tool bought in 1993.

Oden said employees were told that "to keep the Vise-Grip name competitive, they had to move to China."

More...


Most Recent Related Stories...


What a Monopoly importer learned when it tried to make things in the U.S.A.

MonopolyThe board game Monopoly has always taught some important economic lessons: The benefits of owning real...

Door shuts on some immigrant entrepreneurs as U.S. restricts small-business loans

Small business loans restrictedBefore Sayuri Tsuchitani became an entrepreneur, she spent two decades on her feet: cutting, coloring and...

Alan Greenspan obituary

Alan GreenspanFor his work chairing the US Federal Reserve, Alan Greenspan, who has died aged 100, was...

Inflation tops 4% for the first time in 3 years on spike in gasoline prices

Inflation at 4%Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!