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No Not Exactly!!! They're Building A factory, in Cuba, to export to America's
Posted By: RumorMail Date: Wednesday, 24-Feb-2016 19:58:54
www.rumormill.news/40996
In Response To: Perfect! Obama Moves Tractor Factory to Cuba (RumorMail)
#1 give away. They are building the new factory near the Deep water port in Cuba.. Cuba highly regulates who gets to build there and why..
Snip
Clemmons said the Cuban government has encouraged them to also export from the proposed factory at Mariel, a Chinese-style special economic development zone that is the keystone of Cuba's export strategy.
http://www.reuters.com/article/us-cuba-usa-tractors-idUSKCN0VO28R
------------------
Snip
The partners will invest about $5 million to get their factory built and into production. They hope to start assembling tractors in the first quarter of 2017. They expect to build some 100 tractors a year to start, and ramp up to a thousand, not just for Cuba, but also for export to other countries in the America's.
The tractors will sell for about $8,000 to $10,000: a steep price for a small farmer in Cuba. Clemmons and Berenthal expect that Cuban relatives overseas will help chip in. They say the Cuban government may help with loans. They've also had inquiries from tourist resorts expressing interest in buying tractors so that farmers can supply more food for their guests.
http://radio.wosu.org/post/first-us-factory-okd-cuba-aims-plow-path-21st-century
HAvanna times:
The company also expects to export the tractor, suitable also for small agricultural producers in other American countries, he added.
“Cuba has a number of trade agreements with Latin America,” he said. “It would be cheaper to export tractors made in Cuba from the island than from the United States.”
http://www.havanatimes.org/?p=114804
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RMN is an RA production.
Articles In This Thread
- Perfect! Obama Moves Tractor Factory to Cuba
RumorMail -- Wednesday, 24-Feb-2016 14:45:44
- Carrier Received $5.1 Million in Obama-Stimulus Cash Before Move To Mexico
RumorMail -- Wednesday, 24-Feb-2016 14:47:00
- Here’s why (and how) the government will ‘borrow’ your retirement savings
RumorMail -- Wednesday, 24-Feb-2016 14:48:42
- The company is not "moving", but building their first factory in Cuba, to make retro 1950-era tractors for use in Cuba
MrFusion -- Wednesday, 24-Feb-2016 17:45:21
- No Not Exactly!!! They're Building A factory, in Cuba, to export to America's
RumorMail -- Wednesday, 24-Feb-2016 19:58:54
- But no factory is being moved, there would be no market for these tractors in the U.S., and if made here they would be more expensive
MrFusion -- Wednesday, 24-Feb-2016 21:46:58
- You're missing the point. A Precedence is being set - Factory in Cuba, ship elsewhere
RumorMail -- Thursday, 25-Feb-2016 16:55:06
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