just keeping in touch with home

Monday, July 16, 2007

Should Sound All Too Familiar to Capers

A billionaire in China hopes to buy an entire plant from Brazil and move it to China.

The 69 year old Yin Mingshan made his money selling motorcycles and wants the plant in Campo Largo, Brazil, which makes car engines. It is joint owned by Chrysler and BMW.

The plant has shut down and all 382 workers are laid off and awaiting the outcome. The Brazilian government has yet to make a decision on the matter.

The writer of the report sounded a bit shocked. But Capers will remember the fate of Sydney Steel. They really can pick up an entire plant and move it to China.

If the laid off workers in Brazil could see before/after photos of Sydney, Nova Scotia, and the massive empty stretch of earth in the heart of the city, they would be cleaning out their lockers.

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