Submitted by strawberries6 t3_11dfxup in news
crispy48867 t1_ja9op2b wrote
Red states doing their best to drive big business away.
razorirr t1_jaak26s wrote
Not at all!
"Chang wrote that Hyundai was "in the process of divesting its ownership interest in SMART" but it would ensure "that the economically important jobs in the Luverne, Alabama community are preserved.""
Hundai is selling off their controlling share, but they are going to keep buying from the company like they always have. Basically they are just going "so when this happens again in 6 months, you can not blame us, we aren't in control"
You see the same thing over and over again in industries, the clothing sector is famous for this. They contract out to make the garments, get busted that that contractor was using child labor and then switch to another company, which surprise surprise, also child labor.
bettinafairchild t1_jaafgkq wrote
And didn't Georgia or a nearby state just reject an electric car factory as well?
crispy48867 t1_jaaj45p wrote
I think a deal like that, fell apart, not sure what it was.
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