Meet the Chinese Billionaire Who Opened Shop in Ohio (HBO)
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- Опубликовано: 16 май 2024
- This past October, Cao Dewang, a billionaire from China, opened a new factory in Moraine, Ohio. We meet Dewang in Moraine, where he gives us a tour of the factory, and talks to us about his decision to open it, the business climate in the U.S. and the differences between American and Chinese workers (over lunch at a nearby Chinese restaurant he likes).
We also talk to a factory worker who used to work for GM, but is happy about his new gig, and the mayor of the town, which suddenly has thousands more jobs than it did less than a year ago.
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Because Chinese labor is now only 4% cheaper than U.S. labor, there’s been an influx of Chinese investment in the U.S. - from just over $2 billion in 2011 to nearly $55 billion last year.
WATCH NEXT: This exiled Chinese billionaire uses RUclips to wage a war on corruption - bit.ly/2klZzAe
VICE News Love this guy !
A LOT of American Business owners can learn A LOT from him ! , instead of turning it's back on employees over 10 to 20 years .
VICE News trump its making china great again
One day, Chinese factories pay 20 - 30 % of tax-money you will finally start regretting that you have kicked so much production out of your country.
VICE, you have to be more specific! That's EASTERN CHINA (major cities) NOT rural China where the majority lives. Dopey analysis.
That's right. But if you are producing that means adding value to something. That means you need infrastructure and skills. For many products that's difficult in most of the rural areas.
I like how he has a picture of himself in his office.
happios like a dictator lmaoo
like trump want himself on Rushmore😄
小顾 haha yah . I'm gonna make a statue and put it in my yard
Like a Boss oh wait, he is
is to remind himself and those around him who is the boss
Fuyao's next move: "Mexico looks better. "
The boss : " I like tacos."
if he likes pizza, chicken wings, and spaghetti. Im 100% sure he'll love tacos too lol
Almost, he is having problems in the USA now. Might go back to eating baozi.
Underated comment
lol.
@@SilentMover95 tacos are good... it is really unnecessary to make comments like that since u r doing nothing for ppl in Moraine
Can we give some credit to the Ohio Director of Business Development... amazing display of actual public service and execution on initiatives by her!!
Yes, she was brilliant in how she gave $10 million dollars in incentives to a foreign enterprise from a authoritarian country. www.wyso.org/post/fuyao-state-tax-incentive-valued-nearly-10-million
Just amazing, right?
10 mill over 15 yrs? Ask the people that are working again if they give a shit!
It’s called stimulating the economy
hi my friend
F J isn't America doing exactly same thing by gaining money in foreign countries and bring it back to America?
I used to feel odd having a poster of myself in my room but now seeing this billionaire with his up makes me feel confident about it.
It's still weird 👨🏫
yeah, how about you don't do that... ever
@@petermoore7796 Too fucking late
ignore the haters. You always need to remind yourself who is number 1 like kanye does.
You dropped your crown, king 👑
A foreigner helping americans get work. Nice.
LOOOOL
youtube liberals like the millionaires and billionaires when they're foreigners? you guys have some weird values
weak americans
You're acting as if all americans are racist or something, which is kind of peejudiced of you.
I don't see you complain about Elon mask? why so angry?
The last part was so awkward lol
Chris Castillo hahaha so true. the workers look whipped and the Chinese boss look like doesn't give a shit
Delonte is my daddy hahahaha
They need translator ...... translation takes time ....
"aww thanks lets shake hands.... um maybe not im yo boss you slave get back to work!!!"
The Boss began extending his his hand for a handshake man...they employee either missed it or ignored it.
Chinese guy I love the USA cuz of the wings and pizza oh and the spaghetti! Ya he's right.
If he really wanted to seem more American, he should've said he loves Mexican food
Manuel Castro I think they mean Mexican food is very popular in the US
@Manuel Castro of course you dont
He is divestment. Don't too naive
He is Chinese citizenship. He invest factory in United States, his purpose is to earn money for himself.
Who's here after watching the Netflix documentary?
Simphiwe Vezi Yes I am
Simphiwe Vezi What is the name of the documentary? I would like to watch it.
@@LS-nu1hv American Factory
@@sarcasm2960 That's a critical issue in present days' China, balance between work and leisure. Cutting working hours means lower efficiency and higher costs, without that efficiency factories will move to other cheaper countries.
Jab Left Hook I am Chinese and I like to share the culture differently and some similarities. It’s interesting to seeBoss came to the plant and asked to changes the direction of the door and the position of a emergency bell, We feel the American Boss the same way here in China, same arbitration. The difference here is Chinese workers won’t want to bargain for better working condition or better wage, if they feel fair, they would like to stand with Boss and work hard to make the company more competitive, so they say they are in same boat with boss. if they feel unfair or they don’t like the boss, they will find another ‘boat’ rather than barging.
Heck yea this Chinese guy is awesome! Rep the Ohio! Give him all the pizza and chicken wings he wants!
If you google his name you will find he is also one of chinas top philanthropists donating at least $800 million.
As long as my people are getting a slice of the pie I am cool with it. I commend the Chinese a little bit, they understand nationalism. Wish more of our American people understood the concept of loyalty.
ViewerUSA i kno bro im from columbus ohio never hered of this guy till now but im so happy that he is giving americans jobs
Heck yea, very nice my pops is from Columbus area. Repping the 330 over here. Ohio love to you!
937!
I love how happy and calm he is.
Because He is a billionaire nothing to be angry about
mashallah
@@lendzemojoachimkimeng1318 well, I guess you never heard how Steve Jobs scream to his employees.
@@lendzemojoachimkimeng1318 From a child who can’t eat enough to a billionaire, he must have experienced the troubles and pains of 10,000 people before he can do it.
@@balllightning4335 He actually came from a wealthy family
Everyone treating this dude like Oskar Schindler
Lmao
You know why? Because he pays his workers very well, much more than an American company.
@@Commievn He pays them lest than hairdressers.
@@pacoramon9468 is there articles about it?
This is great to see i grew up in the Dayton (Moraine is a suburb) area and i remember when GM left it was like someone pulled the rug out from under the city . Im glad someone decided to invest in that factory and the ppl again.
Except now it's ex red guard captains. This guy Cao Dewang was red guard in his youth. Red guards make good bosses I told everyone so !
@Samhita I'm glad my camp is making a comeback 😜
@@xxxdieselyyy2 0
look at the size of those Union guys, explains a lot
Working HARD LOL
So now there’s work and these fucks are complaining. Damn lazy fucks. They could be unemployed like Gm left them and is leaving others
@@pablo3735 Considering VICE only has access to the better parts of the factory, you're not seeing the behind-the-scenes of what it is really like to work there. Not that I know either, I watched the same piece as you, but safety is a huge issue in the workforce and especially at these jobs. There could be toxic fumes they're breathing in or possibly faulty robotics that can rip your arms off. But I'm sure you're a hard working factory worker who understands this.
@@brodi81 I left a factory yesterday that DEFINATLY had toxic fumes in the air...there's rules and regulations that are regularly checked by OSHA, so no factory can get by if they are unsafe. The factory I just mentioned had to test the fumes in the air, and had those fumes been toxic enough to cause damage to the lungs, air breathers, or whatever you call them, would've been required as i've seen as other factories...
Theres no way around these laws, just as theres no way around the standard safety features and build quality to prevent accidents in cars in trucks....regulations are a pain in the ass, but they do help....
Ya they look like workers.
watch the documentary "the american factory" is covers this factory and CEO, its very interesting to see both sides the American workers and the chinese people who came over to help run the factory and the issues they faced adjusting to American culture
watched the documentary .. very nice to know both cultures
It's one of the best docs I have seen
Communism vs Freedom
@@sarahm2878 Communists bringing jobs in America?
Thank you sir. It's an honor to see this. I appreciate you!
With a giant painting of himself in the back. I couldn't stop laughing. I bet he has a solid gold toilet too.
By the way he dresses and approaches his staff, I personally don't think he seems to be the kind of people to have gold toilets.
If you google his name you will find he is one of chinas top philanthropists donating at least $800 million
he has fucking BILLIONS HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Its the Chinese Trump :D
Yeah, he's almost like Donald Trump
6:04 that employee is humble and grateful.. wish I had employees like him
@Ahmad Sheikh-Ali lol
Ahmad Sheikh-Ali that’s the problem, when employers think that just giving someone a job is some sort of community service, when in reality they are marking money off their work. The employer needs to be more grateful they have employees to exploit for money, without them they would have nothing. Employers need to be grateful and accountable
@@zacka161 If all employees are being exploited, then why do most of the applicants don't get hired? Why do some of them get fired? Why would a company turn a person away or fire an employee if all employee-employer contracts were in favor of employer.
@@harshitmadan6449 this logic is broken. People get rejected jobs because someone else can do it better or cheaper.
@@zacka161 lolz and without this investors workers are nothing why do you need a pencil if you dont have paper to write it on same goes with paper a.k.a investor leaders need people to lead and people need leaders to lead them be grateful that people are investing and giving you jobs and helping you put food on your table they can find labor every where while people cant find investors everywhere
there's a documentary in Netflix on this factory called "THE GREAT AMERICAN FACTORY'. good one.
See how many Americans are working there now, a sad story. I have never heard of a billionaire build a plant to help the local community in my lifetime yet.
The boss has a very fun southeastern Chinese accent, that F is pronounced H. So Fuyao sounds like Huyao
These comments are hilarious. People just LOVE to complain. The guy brought you jobs, yeah he's out to make money off you that's business.
exactly. hell some even prefer being jobless than working for a foreign owned company and then blame the government for being jobless. their ego will be their downfall.
seriously dont understand this one... but you are correct KUS25
Yes China surpassed the USA..I agree.. nothing to hate on. dude just seems like he is just doing business. making money is businesss.
Paul Rakcevic thats what regulation and government is for lol how old are you?
Paul Rakcevic stop making dumb comments. thats what regulation is for in OUR country. its called capitalism. by the sound of it youre in favour of it and you dont even know it thats why you sound really young or dumb
Excuse me? He give you a job! That’s all! Think about it.
Found 49 people who have never worked or lost a job. lol Sorry folks. When you make a decent wage and you return from being out of work, it feels good trust me.
@@rcmunro22 if you think getting a job feels good, try creating jobs for others
Wow i LOVE this story thank you
Very good journalism. Keep up the good work
i visited fuyao three times, twice in ohio and once in detroit. people there told me, chinese worker are way more efficiency than americans.
no body can help you if you don't help yourself.
Mr Zhnag The US is the most productive country in the world. We work smarter not harder. Also our system is geared towards promoting businesses. That is why most products are developed here. You guys just work like slaves, (manufacturing things we develop) that is no way to live a life.
The US is neither the most productive nor the most innovative country. Do your research before claiming anything like that.
Most productive country:
TIME: #1: Luxembourg, #5: USA
Business Insider: #1: Luxembourg #8: USA
Most innovative country:
Business Insider: #1: Switzerland, #4: USA
Bloomberg Innovation Index: #1: South Korea, #6: USA
There you go, I did my research.
Ok so we used to be in first place and now we are in third, beaten by Luxembourg and Norway countries with insignificant populations compared the the US and hat do not even produce anything of importance. en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_hour_worked China does not even appear on the list.
The fact that China does not appear on that list says nothing about its productivity, but just shows that the ranking is incomplete. And it is also inconsistent with other data, e.g. data published by the OECD (which is a more reliable source than an ecyclopedia that can be edited by anyone)
respect, i was expecting his workers are from china as well, but they are all locals. good for america
Well now he gotta deal with unions, paid vacation, paid sick leave, paid maternity leave. Not to mention bonuses and high wages
Better than dealing with the CCP I assure you.
Thought the younger generation was into entitlement but after seeing the netflix special good lord we are in trouble.
I would never open a business in the US, the things we ask of employers are ridiculous. No accountability just give me more, what business can survive? Other than high tech where employees generate a high rate of return.
@@bchandle Good lord so you would rather be like those Chinese workers that work 7/7 for like 13 hours with no benefits at all and no vacation? Incredible how some people consider actual good working conditions to be ''entitlement''
@@tigerjonn the CCP’s fine with companies abusing their workers, especially since you can get away with a lot of things if you have the right connections to the party. There’s a reason China’s known for worker suicides and sweat shops
American must sacrifice. Something is better than nothing. There must be a balance.
I live in Ohio and the GM plant closing was a big deal because of the loss of jobs that it brought. People were also hit with the Ford plants closing to in Ohio years ago. Giving people jobs is a great thing. Some of these people complaining about China reeping the benefits is absurb considering most things in your house probably come from China
Dude they cut their wages in half and then made them work twice as hard. They should be pissed you fucking asshole
SomethingSomething Dark Side 94 cutting to half compare to what? GM? Remember That’s what caused GM shut down themselves and move to China, when someone offers you while you drying out on the desert take it or refuse it , you don’t took it then resent they dont offer more, these are not the old American days sitting on the cloud dreaming anymore, capitalism always a greedy beast in fact, when the auto machine ruled, they gonna missed the 14/hr days, be realistic, dude.
@@Jacob-ir6zi You are aware that person isn't English native speaker, and that's what loser do, when there's no argument left, attack their English, haha
This is what happens when America prints money like no tomorrow.
@@Jacob-ir6zi US are also doing the same thing by complainong that increasing the minimum wage will be harmful to America. Capitalists are capitalists doesn't matter where they come from.
That's cool to see Chinese businessman here in America. China has incredibly smart and successful businessmen.
nice positive comment. the news usually feed us some bs about the unknown.
its sucks
China is an awesome place and has made trillions in revenue, but most of its from scams and deceiving. Thats not an insult either, thats their culture and in china "ripping someone off" is not a thing which has lead to its great recent success.
I was told if a chinese businessman can make 10,000$ off you today or 100,000$ off you in a week, theyd choose the 10,000$ almost 9/10 times. Just a cultural difference. Would love to visit one day
This billionaire is incredibly naive. America and the West, will ALWAYS make East Asians regret their decisions in dealing with non-Asians - ALWAYS. The history books NEVER lie.
Courage, humility, expertise and leadership are all on display with this global venture - thanks Vice 👍 very good biz/life vid.
they didn't talk about the lady who put the deal together. she deserves more credit
He has that "billionaire" weight if you know you know 😂
i would trade to be a billionaire even if i had that weight
Wack ass joke
Them Chicken Wings can do wonders...
Jobs for Americans is the kind of news that makes me happy. Thank goodness.
paid by Chinese....
so what?
take a guess sherlock! ladiesman my ass.
But beware....It's the "Yellow Peril"!!!!
TheScotchaholic
Is that you President Woodrow Wilson?
This boss of Fuyao, Cao Dewang, has personally donated more than 8 billion RMB to charity in China.
是的，最佩服的中国商人
I don't care, donations are always some sort of lowering taxes
@@sparcx86channel42 Not in China. At the time of his donation at least, there weren't tax incentive for charity donation.
@@sparcx86channel42 Do some research about Chinese tax law...before your trash talk
All charities in the PRC are under the control of the CCP.
The way he said “chicken wings” has me ROLLING💀💀💀😂😂😂
Adam bruh obviously 🙄 it’s just funny to me
Why are you all surprised with this? Japanese already done this decades ago!
Michael McNamara American labor is FAR cheaper than Japanese. It's just basic economics. Americans should be grateful for the jobs.
Japanese did it because of protectionist trade policies of America. That's why BMW SUVs are made in America, it's not because American workers are more efficient, it's because of taxation. That's the only reason people would manufacture in America.
DOGGYDOGG that's a fact no? Nothing should be taking as granted.
because this is biggest carglasses manufacturing. even providing Toyota.
@@heraldomedrano6993 PERU
This is a very telling video at 4:40 mark. The Union official clearly wants more of the pie while the employee just wants the job to be safer.
Mystery Science Gaming 3000 yeah dude. shitty.behaviour
Hahahaha. Interesting you caught that.
Unions are corrupt also...unions look for aways to profit for the best interests. Even if that best interests is not ultimately not for it's union members. So never assume that all unions are for the people.
Mystery Science Gaming 3000: what pie are you talking about? I didn’t hear anything about wanting anything but more commitment to safety. Safety is something that always needs to be improved and maintained
How come every time I see the union talk, i get this vibe like they're a bunch of no good meatheads looking for handouts?
living less than 5 miles away I'm very grateful this company is here
This is amazing
say what you want this guy bringing jobs. If not these people be in the welfare line
You need to understand the role of the dollar as the world reserve currency. The USA is leveraged beyond belief and your Chinese overlords are here to capitalize on the fact that Americans are plagued by debt
@@meadydoheny bro can't dig your own grave then blame the chinese. it has always been the american way of living life in debt like how every purchase is on credits. the chinese always think of the future and save for rainy days. they don't flex today and be broke next. should be thankful these chinese companies even open factories in the us to provide jobs for thousands of americans...
meadydoheny when American companies outsource jobs to China, you blame China. When Chinese companies outsource jobs to America, you blame China.
It’s always China’s fault isn’t it?
that's how you say thank you. i will say thank you back to the person who say thank you to me. it's hard for people to appreciate others now days, and because of that, thank you for saying thank you.
I still remember this abandoned factory, as well as the one in lordstown and the old chevy plant in tburg thats amazon now.
it’s “ now made in America “..LOL. i like how he said it with all honesty about when his fellow Chinese businessmen asked him for advise about planning to do business in the US - if it’s good for business then do, if not then don’t take the risk.. and he boldly said he’s Chinese and he love his country even if he is doing business in America. It’s like him saying don’t politicise my business.
Enjoy our 72-hour weekly works and $1500 salary~
Thank you for the plant sir. God bless you.
I'm going to comment on the 24 violations thing. Granted, I only have 4 years of manufacturing experience, and never worked in management, I can share some truth on what's it's like from the perspective of a 'grunt'. The truth is, no matter how many safety policies you put in place, it is always up to the individual employee to stick to those safety policies. All of the injuries and risks I've seen on the job, have been due to the employee's own laziness/carelessness/aloofness. People not locking/tagging out machines correctly. People not cleaning up the floors. People trying to cut corners. There are a lot of safety regulations in the US, and that is good, we should continue instituting more policies as needed, but the individual employee will always have the last word as to whether his actions will result in a terrible outcome. Just my two cents.
The documentary on this guy is pretty horrifying. He treats his Chinese workers like slaves and then come to the U.S. and tries to do the same. Thank god Americans actually have rights and know how to exercise them.
bro better staY SAFE in ohio
Plus he doesn't have to give up 50% income to the country as in China. This is exactly why French businesses left to neighboring countries.
And why china can do massive infrastructure upgrades while ours continues to crumble.
+phiksit I hear they have a special technique of building their infrastructure with dead bodies, seems to be profitable so it's obviously better.
everyone either to lazy busy or scared to do anything about it did u ever wonder why??
magma2680 ?WTF? Dude give me a break, I’m aware that China is pretty fucked up in eyes of westerners, but come on dude, build buildings with dead bodies, whoever said this is insane stupid.
phiksit because most companies are state run
"I'm personally grateful for him, he brought the job back here." These workers are feeling grateful because of this guy, i don't understand why some people in the comments below are being so sarcastic about this. Yes he's doing it in order to reap profits and send the funds back to China but he created jobs!!! Y'all should be grateful.
some folks hate to see this fat cat so ca$h!!!!! xxoo
Sakura Christine Ito 🤣🤣😂😂
It's because Bernie and the left has done a great job of instilling Socialist thinking here in what had been a country based on freedom.
"Oh yes...be ever so humble and grateful to have ANY job that a capitalist decides to open up...yes..yes let us grovel on our knees for a company to exploit us."
That town should have had that plant become CO OP....it should have been a employee owned..employee run enterprise that ensured "locked in" employment and democracy exercised in the workplace...not another capitalist that can close up shop any time he gets "spooked" by the turmoils of economic conditions..or what should happen if in 3 years that owner decides.."oh American safety standards too much a hassle to deal with compared to other nations", so then he closes it down..or if he feels the heat from a$$holes in D.C. that don't like "foreign intervention" on U.S. industry? Its potential of being unstable is too high. This nation needs to empower its workforce by strong COOP companies..not serfs in more of the same corporate structure. That Chinese business man has no ties to the prosperity of the U.S....he could pull out of the situation anytime he wants and leave the workers HIGH AND DRY at any point.
They're COMMIES you fucking idiots. Theres a price to pay when you sell out your soul and country.
At 5:58... The guy is so proud to work for this company and the owner looking like "Yeah whatever! Please shut up & get back to work. I got bigger fish to fry" lmao
haha, ya its because the boss doesnt understand english at all , waiting for translation afterward, thats why his facial emotion doesnt match with the employee words
This is a very nice video im glad I seen it
0:34 - There's the next Eminem workin his factory job
i watched another interview about Fuyao, when they bought the MG factory, the labor union was sueing MG for lowering works salary. and the boss from MG gave the Chinese Owner an option of firing those 200 workers, but the chinese owner kept the workers and raised their salary, and give them an yearly raise of 5% （the union required for 1.2%，but the chinese owner said it is 5% in China, so 5% it is）
Ahhh. What a beautiful DEWANG, it feels like a picnic.
He doesn t want Union and expects everyone to work as in China 12hours/day with only 1-2 days off a month,with much lower salary.No country can beat this system
he is one of my most admired CEO in the world. great boss
Being anti union surely is a sign of bring a good boss.
We need more mayors like her!
she was desperate to get a company there. like she said, no jobs, no payroll taxes. no income taxes. the city was running dry. it looked like a ghost town.
more shills for the chinese communist party? i bet you love tiktok too.
A Chinese person opening a factory in the USA is like an American owning the most luxurious watch company in Switzerland - it’s an incredible sign of success in each country.
Lol the last few seconds of the video is the best part..
" you're welcome and thank you "
he been waiting two years to tell him that
You mean a lower tax rate brings companies to
the U.S.? No way.
Yeah but at what cost?
China's tax on companies are way too heavy...many companies are still in China because the market is huge, even though tax is high....when a Chinese company sees an opportunity to go overseas that can generate profits, they will go anywhere. This is a good example, The Company is here to make a profit.
Brandon Sowers The Tax in China is insane, the rent cost is also way too high. Thanks to the greedy government.
Don't forget all the bribes you gotta pay in China. There's virtually zero bribes here in the US. In fact the communities bribe you to come with tax incentives and infrastructure improvements.
Damn 68% corporate tax come to ireland china 12.5%
Dude Is bringing jobs here . But he kinda acts like a star wars character.
HO HO HO HO Jabba The Hutt Plain Laugh !!!!
I like three common and popular foods, we are the same; you can now overlook my terrible ethics. Works every time.
Who’s here from the Netflix documentary
china and the USA need more cooperation like this , makes me happy to see those humble Americans back to work
I can't help but feel that I am looking at a person who inspired the visual design of Jabba the Hutt.
oh my god. I was thinking the same! Was thinking about how to write the comment when I came across yours. hahahaha
LMAO
ahahahahaha
he is the real life Jabba the Hutt.
hah hah hah baba waba pizza chicken wing
Love this !
Experience leads to wisdom !!!
Give thanks and appreciation to this dude as he at least did what your government is struggling to do for ya!
MY SALUTES to this genius. Mr Cao Dewang basically fulfilled the dreams of every governor. To provide a growth / progress / jobs to a state. its basically 2,000 people having a job and having a salary for their family.
Are you crazy? It's slavery!
Uh oh found the Chinese bot
@@sarahm2878 Don't u dare disrespect Mr Cao Dewang
@@paz1514 Oh what r u gonna do? Cry about it??
@@user-eo7xp3ju6g ungrateful Americans
"Everything Americans like so do I"
Then goes on to name Italian foods. So funny.
Americans like Italian food alot to the point that it seems American
That guy at the end was probably forced to say all that in fear of losing his job lol
We need more people from different places to help keep any economy afloat...good.
Your a socialist COMMIE pig
A patriotic businessman, respect.
chinese are always humble. i live in china and you can't believe how humble chinese people are, no matter how much money they have.
Respect to chinese people from a somali student living in china.
Every billionaire needs a pic of himself on the wall🤣
I love how the union guys complain that if they refuse to do something he sends a Chinese guy to do it. That's awesome!
antho R dude did you see the guys from the union so overweight how they work and to be safe.
Sounds like the boss is violating the law. Simple as that.
It's awesome that a Chinese scab will lose his arm in a glass cutting machine because Americans demand safety measures before they'll use it? Oooookayyyyy....
H W it would be nice to know how many accidents are actually happening there right? America was built by brave men not some cowardly and overweight estrogen tanks !
I don't think it was meant as complaint but more like a fact , lol
i live in moraine this factory has given many people jobs but they are only using like 1/5 th of the old gm factory i wish my mayor would /could lobby tesla to set up shop i-75 and i-70 cross like 10 min from my house they could start making tesla's and have them on their way to where ever they need them
alex burchett sounds good man
The thing is
Teslas arent as affordable as a GM. Which means the deman isnt crazy, therefore your idea is out the idea
thewiz412 the new models are and they re having a hard time of staying on schedule and getting them finished. Part of the reason is they are using to much technology in building high tech cars. He’s having a hard time catching up. He plans on being the biggest automotive maker in world to.
you must have never stepped inside, that place is full east to west north to south over 2300 people work there
Give it time , It will grown and your wish will come true . If the 2 fat thugs don't destroy it first .
Before introducing an investment, government agencies should conduct a full investigation and determine the bottom line requirements. Or, in the early stages of negotiations, investors and local employee representatives are invited to negotiate employment criteria. If the parties cannot reach an agreement, they should introduce the next negotiating object.
It's hilarious that he has a huge painting of himself in the background on the wall in his office
Unions are going to ruin this company.
stupord can we just get rid oh these union
stupord ...fook no!
Not if they hire illegal immigrants
The funny thing is that unions were starting to bring the average worker to a better place socioeconomic wise.
But then minimum wage came and froze everything.
Then the government started making the unions weaker over the decades. No you see the government controlled unions. And just like they knew. Now the unions are corrupt.
donald laube the unions are financed by the mobb to ensure cheap labour.
Watch Jason Turner and Roberto Martinez get their pink slips as soon as their boss sees this video.
He is a very humble person
Sorry i must have missed something. It looks to me like its just bizness.
How are you humble when you have an oil painting of yourself behind your desk lol?
It seems to you because tiu are so romantic
@@yeee33333 trump has the same painting of himself in his office . whats your point ?
kody scot Trumps not humble
I live in this town where this company is located and it has been fined so many times from OSHA. The pay and everything is great, but people get injured like crazy.
www.daytondailynews.com/business/osha-prepares-enforcement-action-against-fuyao/IxhCGGoD9zFcD1GYIgxIfP/ And Fuyao paid consultants more than $1 million to keep out a union
I have to salute the Ohio Gov toh. They tries to pull company into the city and create jobs.
That's a great story a reversal of the trends of recent years
Thanks GM
Unions...probably why GM left in the first place.
General Motors left because of high fuel prices and a decreased demand for the SUVs and Trucks produced by the plant.
Unions... probably why Kids don't work 12 hour work days anymore. Big ole lol
@@ryt6940 There are a lot of people that dont mind working 12 hours a shift. Some of us like the extra money.
@@lotto5742 I'm sure some people would like to work a couple 12 hour days with overtime, I doubt many would like a permanent shift of 12 hours for a regular rate. Either way its irrelevant, I'm talking about 10 year olds working 12 hour shifts. Unless your a kid who wants 12 hour shifts that is.
@@ryt6940 No company in the US would hire a 10 year old for a job. Your analogy is horrible.
Not to mention the tariffs. I say thank you for all the BILLIONAIRES who took their chance to bring their factory here in America. It’s a great location for factory. Hopefully more factory will open up in Ohio to bring more jobs to Americans.
“It looked like an abandoned factory.” Because it was 🤷♂️??
One tiny detail that has been not mentioned is: For Fuyao the reopening was cheap, average salary in the USA is 12 USD/h, so many workers must be below what they earned in the past with GM 12 yr ago, lets assume aprox. 18 USD/h (which is a 33% salary reduction compare to now. With an avg. inflation increas of 1,46% per year; the 18 at past time would be now 20 USD/h to compensate inflation rate)
So the company is paying in avg. 12-20=-8 USD/h of what they used to, by 1000 employees and 160 h/month of work, Fuyao saves $ 1,28M every month or $12,8M/yr only in salaries !!! So 1000 people that need to leave below the first world standard of life. If we talk about tax income to the city, lets assume 50% of the 12,5 % tax goes to the state. On the $ 12,8M a not neglectable ammount of $ 800k/yr is getting lost and an othe $ 800k/yr to the goverment.
The worst part of it, the company might be selling their product saying proudly made in USA and claiming to pay USA salaries. Although this might not be happening in many cases.
Side note: Fuyao may benefit from local tax advantages. Which then also means one city that needs to manage a population of thousand people in a high cost country with a second world country budget. The tendency is to destroy the community.
Fuyao tradition is 5% increment annually comparing to 1.2% by GM, it's the Chinese standard they held on even in America.
1978: US factories in China
2018: Chinese factories in US
0:47 Like spaghetti to me sounded like drug dealer at first.
He is the chillest billionaire I've ever observed.
Wow a politician actually looking out for the people she represents!!! Standing ovation!!!
Unions are the reason why American companies take their jobs overseas. Full of complaints and less work means less efficiency. I wouldn't want Those 2 gentlemen representing me I'd rather work and let my work ethic speak for itself. "They complain when the jobs are taken overseas, yet they still complain when the job is brought back". The gentleman who was thankful knows what's up. I'll hire him in a heartbeat.
Unions are good. I would never work a place where there is no union. Without union, you do not have rights, and the big boss take advantage of the workers, not good. In Europe union are normal. No stress, and more efficient and happy workers, producing more and not getting killed or injured at work.
A union built car cost on average $3000 more than a non union built car. That is bc you are paying extra for union retirement plans etc. The market will work it's magic. And boom, you have a barren factory. Detroit is a fine example of this. How about equal footing on trade unions? Are they good as well? USA has a -$500 billion trade deficit with the EU. Why do you think Trump got elected. It's totally unfair. If we don't buy your products and you stopped buying our products. Guess who will lose the most money.
I haven't seen such "toned down" union guys like the 2 in the video 🤣🤣🤣😂😂😂
Love the workers: "sure, he got us desperately needed jobs, but it could be better"
Other countries documentry:
Vice:Vice
America documentry:
Vice:Mice
LOL when that union guy says "and for safety" he smirks right after.... duping delight.
First of all he said “and safer” second, I feel what you say is duper’s delight is, in reality, obviously a simple nervous chuckle.