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Company Got a $10MM PPP Loan, Then Closed Its Plant and Moved Jobs to Mexico

18 pointsby 9387367almost 4 years ago

5 comments

passivatealmost 4 years ago
Possible alternate headline: Company was finding it hard to continue manufacturing in he US, got the PPP money, limped along for a bit, then shut down.
anm89almost 4 years ago
Is the headline implying something illegal happened?<p>Otherwise, the headline should be, &quot;Business makes business decision in its own interest&quot;. Wow. Shocker.
ppeetteerralmost 4 years ago
If you&#x27;re giving out money to hundreds of companies, there are bound to be a few that close despite this handout. Should we spare so much thought on the outliers?
sundaeofshockalmost 4 years ago
Looking at the first few comments on this article. Seems like there are a number of commentators with ethics that I find rather depressing.<p>Yes, this is legal. That does not make it right. The company clearly had plans to move out of the US and still took money to keep jobs in America. They are despicable actors and it depresses that others here see nothing wrong with this.
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underseacablesalmost 4 years ago
This seems to be the American way.