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Greenville, South Carolina-based Kemet Corporation, which manufactures electrical parts for computers and cell phones, announced plans on July 2nd to cut 650 jobs "as it relocates several plants to cheaper manufacturing facilities in China and Mexico," reported the Associated Press. Over the next five years, five of the company's North Carolina plants will be closed down as it "outsources" its manufacturing abroad under a reorganization plan intended to help the company "succeed in the new global environment," according to company president and CEO Jeffrey Graves.
As previously reported in these pages (see "Your Job May Be Next!" in our March 10th issue), "America's white collar work force is facing the same twin battering rams of imported cheap labor and exported production that have ravaged our country's blue collar work force for years.... [I]t has become a familiar, bitter story in ...