Cycling and bicycle discussion forums. 
   Click here to join our community Log in to access your Control Panel  


Go Back   > >

General Cycling Discussion Have a cycling related question or comment that doesn't fit in one of the other specialty forums? Drop on in and post in here! When possible, please select the forum above that most fits your post!

User Tag List

Reply
 
Thread Tools Search this Thread
Old 01-23-14, 11:58 AM   #1
gpsblake
Walmart bike rider
Thread Starter
 
gpsblake's Avatar
 
Join Date: Aug 2004
Location: South Carolina
Bikes:
Posts: 1,895
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 10 Post(s)
Walmart bicycle maker to create 175 manufacturing jobs in the USA

http://www.wltx.com/news/article/262...arendon-County

Quote:
Clarendon County, SC (WLTX) - A bicycle company is coming to Clarendon County, bringing with it 175 new jobs.

A statement from Governor Nikki Haley's office confirmed that Kent International plans to build their manufacturing facility there.
Which is 175 more manufacturing jobs then what most high end bicycle makers have in the USA.
gpsblake is offline   Reply With Quote
Old 01-23-14, 01:18 PM   #2
demoncyclist 
Senior Member
 
demoncyclist's Avatar
 
Join Date: Oct 2002
Location: Medway, MA
Bikes: 2011 Lynskey Sportive, 1988 Cannondale SM400
Posts: 2,696
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 9 Post(s)
Maybe big box quality bicycle manufacturers, but there are quite a number of high end makers here in the US. I can think of a few within 30 miles of where I am sitting right now, as a matter of fact.
__________________
DEMON

Satanic Mechanic
STAR 3 Spinning Instructor

2011 Lynskey Sportive (Shimano Ultegra 10s)
1988 Cannondale SM400 (Suntour XC-M 7s)
demoncyclist is offline   Reply With Quote
Old 01-23-14, 03:47 PM   #3
fietsbob 
coprolite
 
fietsbob's Avatar
 
Join Date: Jun 2010
Location: NW,Oregon Coast
Bikes: 7
Posts: 22,069
Mentioned: 17 Post(s)
Tagged: 0 Thread(s)
Quoted: 1106 Post(s)
How many tax payer dollars of incentives were required there?
fietsbob is offline   Reply With Quote
Old 01-23-14, 09:13 PM   #4
02Giant 
Home School Valedictorian
 
02Giant's Avatar
 
Join Date: Jan 2011
Location: Iowa
Bikes: 13 Orbea Orca 02 Giant Cypress 88 Mongoose ATB
Posts: 1,544
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 107 Post(s)
Quote:
Originally Posted by fietsbob View Post
How many tax payer dollars of incentives were required there?
If it is anything like the incentives given in my area, way too many...
__________________
We've got no fear, no doubt, all in balls out
02Giant is offline   Reply With Quote
Old 01-24-14, 08:02 AM   #5
demoncyclist 
Senior Member
 
demoncyclist's Avatar
 
Join Date: Oct 2002
Location: Medway, MA
Bikes: 2011 Lynskey Sportive, 1988 Cannondale SM400
Posts: 2,696
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 9 Post(s)
I would rather see the govt give incentives to bring manufacturing jobs back and close the loopholes that allow the big corps to pay no income tax at all. That would increase employment and tax revenues at the same time.
__________________
DEMON

Satanic Mechanic
STAR 3 Spinning Instructor

2011 Lynskey Sportive (Shimano Ultegra 10s)
1988 Cannondale SM400 (Suntour XC-M 7s)
demoncyclist is offline   Reply With Quote
Old 01-24-14, 09:07 AM   #6
rydabent
Senior Member
 
rydabent's Avatar
 
Join Date: Apr 2010
Location: Lincoln Ne
Bikes: RANS Stratus TerraTrike Cruiser
Posts: 5,851
Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 229 Post(s)
That may be a good move financially. I have heard from some sources that frames built in China and especially Tiwain are starting to become pricey. When the price of the frame and then the shipping cost are thrown in, frames welded up here in the US dont cost much more at all. Also for American companies that assemble bikes here in the US from foreign frames, if some model is a hot seller, they can fill the order back log much quicker with frames welded up here.
rydabent is offline   Reply With Quote
Old 01-24-14, 09:29 AM   #7
Sixty Fiver
Bicycle Repair Man !!!
 
Sixty Fiver's Avatar
 
Join Date: Sep 2007
Location: YEG
Bikes: See my sig...
Posts: 27,264
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 10 Post(s)
There isn't a big enough market for high end bicycles to provide a significant number of jobs... if you want jobs you need to move back to a high production, mass produced model.

This will also shorten supply lines, provide peripheral employment, and boost the local economy.
Sixty Fiver is offline   Reply With Quote
Old 01-24-14, 09:30 AM   #8
RPK79
Senior Member
 
RPK79's Avatar
 
Join Date: May 2013
Location: SE MN
Bikes: Fuji Roubaix Pro & Fuji Track Classic
Posts: 8,724
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 885 Post(s)
Quote:
Originally Posted by demoncyclist View Post
I would rather see the govt give incentives to bring manufacturing jobs back and close the loopholes that allow the big corps to pay no income tax at all. That would increase employment and tax revenues at the same time.
One of those tax loopholes happens to be a credit for relocating jobs back to the US. The only loophole that relates to moving income offshore only effects foreign income so long as the profits are not moved back to the US. If a US based company wants to move their foreign income back to the US that loophole closes for them.

"Tax loopholes for big corps" is such a cliche soundbite and is often uttered by people who don't even understand their own taxes let alone corporate taxes.
RPK79 is offline   Reply With Quote
Old 01-24-14, 09:33 AM   #9
Looigi
Senior Member
 
Looigi's Avatar
 
Join Date: Dec 2010
Bikes:
Posts: 8,951
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 7 Post(s)
According to their blurb, they're going to be building bike that sell for between $120and $250 retail. I don't see how it's possible to manufacture bikes and components in the US for bikes that will retail at that price.

>>>"We are excited with the challenge of assembling and manufacturing affordable bicycles in the United States,” Kamler said. “Wal-Mart is committed to buying the bikes as part of its Buy America initiative,” he added. South Carolina-built Kent adult bikes will sell for $119 to $249, and 20-inch models will sell for $99 to $149. The South Carolina bikes will only be a part of what Kent sells internationally. The company will continue to produce many of its bikes in Asia.<<<

http://www.bicycleretailer.com/north...a-bike-factory
Looigi is offline   Reply With Quote
Old 01-24-14, 09:49 AM   #10
FrenchFit 
The Left Coast, USA
 
FrenchFit's Avatar
 
Join Date: Feb 2008
Bikes:
Posts: 3,104
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 58 Post(s)
Minimum wage, no benefits I'm assuming. Seems a little desperate to celebrate the wooing of a company like that, but what do I know? On a related theme, Specialized appears to be advertising for 35 of so jobs to add to their Morgan Hill location: http://www.indeed.com/jobs?q=Special...gan+Hill%2C+CA I wonder if those are real available jobs or if the host is re-cycling old job posts. Salary range estimate between $40K-130K, full benefits, though that's not big money for the Bay Area. But it's nice to think Specialized is booming, even if it's Specialized.

Last edited by FrenchFit; 01-24-14 at 09:53 AM.
FrenchFit is offline   Reply With Quote
Old 01-24-14, 09:52 AM   #11
RPK79
Senior Member
 
RPK79's Avatar
 
Join Date: May 2013
Location: SE MN
Bikes: Fuji Roubaix Pro & Fuji Track Classic
Posts: 8,724
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 885 Post(s)
Quote:
Originally Posted by Looigi View Post
According to their blurb, they're going to be building bike that sell for between $120and $250 retail. I don't see how it's possible to manufacture bikes and components in the US for bikes that will retail at that price.
They will likely use a lot of automation.
RPK79 is offline   Reply With Quote
Old 01-24-14, 09:54 AM   #12
deeth82
Dirty Schwinn-Lover
 
deeth82's Avatar
 
Join Date: Apr 2012
Location: Lexington, SC
Bikes: '11 & '13 Schwinn Racers, Takara (Kent) Kabuto, '11 Gary Fisher (Trek) Marlin SS 29er, Schwinn Sanctuary Cruiser, '11 Schwinn Sid
Posts: 367
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by Looigi View Post
According to their blurb, they're going to be building bike that sell for between $120and $250 retail. I don't see how it's possible to manufacture bikes and components in the US for bikes that will retail at that price.
I'm a bit wary of that, as well...but honestly, this will not likely be a "100% manufactured at home" scenario. Much like Harley Davidson loves to advertise by touting their "Made in the USA" label, much of their parts come from German manufacturing plants...so it's more like "Assembled in the USA" when one gets right down to the core of the matter. 175-ish jobs may seem like a lot, but these bikes will still be distributed internationally, so to me it sounds like "Assembly Line" instead of "Manufacturer". Still, SC could use some more jobs, and I'm all for bicycle-related jobs, even if it's just to mass-produce beaters/Wally World-tier bikes. I've got one of those Takara Kabuto's (Kent), and it's a great Hi-Ten beater at a low price, so long as one maintains it well enough.

And yes, much like Amazon and other businesses that move in from outside the state of South Carolina, they will most likely receive a certain period (typically 3-5 years) where the business isn't taxed to its fullest extent. It also "helps" that we're a Right To Work/Labor At Will state, meaning we don't have a lot of unionization, since your boss can fire you for pretty much whatever reason they want (since they're not law-bound to tell you why they're firing you). This saves big companies from having to funnel quite so much money into quite so many legal issues...in other words, another boon for businesses looking to turn a hefty profit.
deeth82 is offline   Reply With Quote
Old 01-24-14, 10:43 AM   #13
demoncyclist 
Senior Member
 
demoncyclist's Avatar
 
Join Date: Oct 2002
Location: Medway, MA
Bikes: 2011 Lynskey Sportive, 1988 Cannondale SM400
Posts: 2,696
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 9 Post(s)
Quote:
Originally Posted by RPK79 View Post
One of those tax loopholes happens to be a credit for relocating jobs back to the US. The only loophole that relates to moving income offshore only effects foreign income so long as the profits are not moved back to the US. If a US based company wants to move their foreign income back to the US that loophole closes for them.

"Tax loopholes for big corps" is such a cliche soundbite and is often uttered by people who don't even understand their own taxes let alone corporate taxes.
And then there are those who don't know the difference between a loophole and a legitimate tax credit. Not that I would ever cast aspersions about another person's understanding of the world around them.
__________________
DEMON

Satanic Mechanic
STAR 3 Spinning Instructor

2011 Lynskey Sportive (Shimano Ultegra 10s)
1988 Cannondale SM400 (Suntour XC-M 7s)
demoncyclist is offline   Reply With Quote
Old 01-24-14, 10:46 AM   #14
RPK79
Senior Member
 
RPK79's Avatar
 
Join Date: May 2013
Location: SE MN
Bikes: Fuji Roubaix Pro & Fuji Track Classic
Posts: 8,724
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 885 Post(s)
Quote:
Originally Posted by demoncyclist View Post
And then there are those who don't know the difference between a loophole and a legitimate tax credit. Not that I would ever cast aspersions about another person's understanding of the world around them.
Loophole is a media term. I actually own a small tax practice.
RPK79 is offline   Reply With Quote
Old 01-24-14, 11:03 AM   #15
demoncyclist 
Senior Member
 
demoncyclist's Avatar
 
Join Date: Oct 2002
Location: Medway, MA
Bikes: 2011 Lynskey Sportive, 1988 Cannondale SM400
Posts: 2,696
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 9 Post(s)
loophole (n): an ambiguity or inadequacy in the law or a set of rules

All words are media terms when used by the media. You should know, since you own a small practice, that there are things that you can get away with because they aren't expressly disallowed. My opinion is that those ambiguities should be rectified so that everyone pays their fair share. Now, if there is a tax credit for American corporations doing what they should do as good citizens anyway, that is a horse of a different color. Just sayin...
__________________
DEMON

Satanic Mechanic
STAR 3 Spinning Instructor

2011 Lynskey Sportive (Shimano Ultegra 10s)
1988 Cannondale SM400 (Suntour XC-M 7s)
demoncyclist is offline   Reply With Quote
Old 01-24-14, 11:22 AM   #16
RPK79
Senior Member
 
RPK79's Avatar
 
Join Date: May 2013
Location: SE MN
Bikes: Fuji Roubaix Pro & Fuji Track Classic
Posts: 8,724
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 885 Post(s)
Quote:
Originally Posted by demoncyclist View Post
loophole (n): an ambiguity or inadequacy in the law or a set of rules

All words are media terms when used by the media. You should know, since you own a small practice, that there are things that you can get away with because they aren't expressly disallowed. My opinion is that those ambiguities should be rectified so that everyone pays their fair share. Now, if there is a tax credit for American corporations doing what they should do as good citizens anyway, that is a horse of a different color. Just sayin...
Almost nobody ever points out these loopholes specifically. They just say they are there and since politicians and the media complain about them ad nauseam everyone assumes that there must be some great big gaping hole in our tax code that lets "big corporations" run rampant. Some folks point to the legitimate tax credits and call those loopholes. Some folks look at sales dollars and ignore expenses and blame loopholes on a lack of taxes. Some look at current year earnings and ignore prior period losses being carried forward and blame loopholes. Some call section 179 depreciation a loophole and I really don't get that one...

Tax loopholes are a mostly fictional political construct used to garner votes from empty promises to make the rich pay their "fair share". Period.

Meanwhile, it's nice that Kent International is moving some operations to SC.
RPK79 is offline   Reply With Quote
Old 01-24-14, 11:51 AM   #17
Doug5150
Senior Member
 
Join Date: May 2005
Location: IL-USA
Bikes:
Posts: 1,729
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 29 Post(s)
I tend to be rather skeptical about news stories saying that any company is "bringing back manufacturing jobs to the USA". The economics don't support it, normally.

When most manufacturing jobs left, all you needed for many of them was a high-school diploma and the jobs paid middle-class wages.
When they bring the jobs back, they are either low-paying jobs, or they require an engineering degree or trade school (that are expen$ive) and they still pay low-middle-class wages. So you still end up living on pretty low income after you make your monthly student loan payment. The only exceptions to this rule is stuff that the govt is dumping tax money into--military manufacturing, hybrid/electric cars, ect.


Worksman does it though, so it must not be impossible. They just make the frames maybe though.... maybe rims and spokes? and I think Worksman is a union shop. But that is something.
.........
I had a Worksman once, for a general knock-around bike it was okay for the price but the larger of the two frames they sell was sized for a early-teenager. It was way too small for this 6'2" adult, the handlebars were in my lap.
Doug5150 is offline   Reply With Quote
Old 01-24-14, 12:16 PM   #18
Darth Lefty 
Disco Infiltrator
 
Darth Lefty's Avatar
 
Join Date: May 2013
Location: Orangevale CA
Bikes: '76 Paramount, 02 Hardrock, '98 C'Dale XR800, '04 Burley Samba, '15 Priority Classic
Posts: 6,219
Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 309 Post(s)
These are the GMC Denali people. It's not entirely clear exactly what's going to happen in this plant but I bet it's assembly, which is the number 1 complaint about BSO's.
Darth Lefty is offline   Reply With Quote
Old 01-24-14, 01:10 PM   #19
MEversbergII
Senior Member
 
MEversbergII's Avatar
 
Join Date: Sep 2012
Location: Lexington Park, Maryland
Bikes: 2012 Schwinn Trailway, Early 70's All Pro, Trek 1200
Posts: 1,047
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
This'll go to the Politics section real quick. Good for them, hiring a couple people. Hopefully the jobs are enjoyable and it kicks off something great.

M.
MEversbergII is offline   Reply With Quote
Old 01-25-14, 09:42 AM   #20
rydabent
Senior Member
 
rydabent's Avatar
 
Join Date: Apr 2010
Location: Lincoln Ne
Bikes: RANS Stratus TerraTrike Cruiser
Posts: 5,851
Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 229 Post(s)
GOOD welders dont work for min wage. Any jobs created here in the US is a good deal. Like them or not Walmart is sales savvy. A short supply line can turn on a dime and supply what models are hot sellers.
rydabent is offline   Reply With Quote
Old 01-25-14, 11:06 AM   #21
Retro Grouch 
Senior Member
 
Retro Grouch's Avatar
 
Join Date: Feb 2004
Location: St Peters, Missouri
Bikes: Catrike 559 I own some others but they don't get ridden very much.
Posts: 26,903
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 206 Post(s)
Quote:
Originally Posted by demoncyclist View Post
And then there are those who don't know the difference between a loophole and a legitimate tax credit. Not that I would ever cast aspersions about another person's understanding of the world around them.
"Legitimate tax credit" is one that applies to me.
"Loophole" is one that applies to somebody else.
__________________
My greatest fear is all of my kids standing around my coffin and talking about "how sensible" dad was.
Retro Grouch is offline   Reply With Quote
Old 01-26-14, 02:36 PM   #22
Tony N.
Senior Member
 
Join Date: Jun 2007
Location: North West South Carolina
Bikes:
Posts: 520
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Quote:
Originally Posted by Retro Grouch View Post
"Legitimate tax credit" is one that applies to me.
"Loophole" is one that applies to somebody else.
I love it. Me too. ;-0
Tony N. is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -6. The time now is 08:58 PM.