View Single Post
Old 10-14-2012, 05:58 AM  
Redrob
Confirmed User
 
Redrob's Avatar
 
Industry Role:
Join Date: Oct 2004
Location: In a refrigerator box by the tracks.
Posts: 4,790
At Bain Capital-Owned Sensata Technologies, Arrests Ahead Of Layoffs And Plant Closing

Posted 10/8/2012:

Quote:
Three people protesting the closure of an Illinois plant run by a Bain Capital-owned company were arrested on Monday after an encounter with a truck driver hauling equipment out of the plant.

The protesters had been trying to prevent the removal of machinery from a Freeport, Ill. plant for Sensata Technologies, which manufactures electronic sensors for cars and employs nearly 200 people. The firm has been in the national spotlight because it is owned by Bain Capital, the private equity firm that GOP presidential hopeful Mitt Romney helped found, and it is outsourcing the Illinois jobs to China during a presidential campaign that's often been focused on offshoring.
Link to Article.
Redrob is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote