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BorgWarner, which is based in Monavalley, will close at the end of next March with the loss of over 200 jobs.
The decision was made due to a drop in demand for products made at the factory and the COVID-19 crisis was not a factor.
BorgWarner is a US multinational which makes components and supplies parts for the automotive industry.
Reacting to the news, Sinn Fein T.D. Pa Daly said; “Borg Warner has been in business in Tralee for thirty years and has a long established workforce of 210 people.
“Staff were informed in a lunchtime meeting today that the automotive manufacturing plant was shutting down and most of these jobs would be gone by the end of 2020 with the plant shuttering its doors by March 2021.
“Focus now must be on these workers and their families, with every effort made to support them and ensure they receive a fair redundancy package as well as retraining for future employment opportunities.”
The Truth about World Demographics by Peter Zeihan:
https://www.youtube.com/watch?v=OBM44YRaurM
So, if you have watched the above video, who will start to understand why most of the multinationals and industry of the USA will relocate back to the Americas sooner or later, Google and all.
A new world order is being formed again which will reorganise the world for the 21th century, hence the recent cultural, geopolitical and economic disorder of the western world.
You can’t make an omelette without breaking some eggs!
This is what happens when parts of the Western world (Europe) stopped having enough children to save itself.
The current pandemic has changed some small details but it has sped up the process already if anything.
Watch China to see how industry leaves, the virus was only the excuse as China’s demographics has taken a dive due to their past child policies (errors).
But, on the smaller picture size, the loss of over 200 jobs is sad.
However, it only a small piece of a larger picture for that it’s worth!
“May you live in interesting times” is a traditional Chinese curse. We live in interesting times at the moment and things are only going to get more interesting in the coming decades especially if your short sighted nation is part of the EU.
Oops, game over!