Feb 16 • 13:00 UTC 🇬🇧 UK Guardian

Trump donor who criticized offshoring to close Ohio plant and move work to China

John Paulson plans to close an Ohio manufacturing plant and move operations to China, despite prior criticism of offshoring and employee pushback.

John Paulson, a billionaire hedge fund manager and early donor to Donald Trump, has announced plans to offshore operations from an Ohio manufacturing plant to China. This decision comes as a shock to the workforce at the East Lake plant, which produces brass and orchestral instruments, especially since Paulson has publicly advocated for domestic manufacturing. Workers have expressed their frustration, stating that this move feels like a betrayal, particularly amid ongoing negotiations for their new union contract.

The plant, owned by Conn Selmer, is set to eliminate around 150 jobs by the end of June 2026 as it shifts production overseas. The United Auto Workers Local 2359, representing the employees, indicated that the decision to move operations was communicated during a bargaining session, which has led to feelings of distrust among workers. Robert Hines, president of the local union, articulated the disappointment of his colleagues, emphasizing their preparation for constructive negotiations rather than facing negative assessments of their performance.

As the announcement unfolds, the implications of this decision may extend beyond the immediate job losses. It raises questions about the integrity of public statements made by corporate leaders regarding American manufacturing and the subsequent impact on local economies. The community's response and potential actions from advocacy groups regarding offshoring practices could lead to broader discussions on labor rights and corporate responsibility in the U.S.

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