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August 13, 2012 04:13 pm PDT

Bain Capital buys profitable American plant, ships it to China; soon-to-be-jobless workers train their overseas replacements

In the Guardian, Paul Harris reports from Freeport, IL, where a profitable, competitive auto-parts plant has been bought out by Bain Capital, who have literally shipped the factory to China, and who have extended the "kindness" to the American workers who will lose their jobs of a few extra weeks' worth of work training their [...]


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/HRpTST2bnRQ/bain-capital-buys-profitable-a.html

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