Thursday, June 21, 2012

While touring Illinois, Mittens bypasses Freeport, Ill.


Among other things, Freeport is home to Sensata Technologies, for the time being.
When Romney made stops in Janesville and Dubuque Monday, he was just up the road from the town of Freeport, Illinois.

But Romney did not stop in Freeport, a town that like Janesville and Dubuque has been hard hit by trade and fiscal policies that encourage corporations to shutter US factories and ship jobs overseas—and that has been even harder hit by speculators who buy up factories, strip the assets and close them.

On the day Romney was busing across the region, employees of Freeport’s Sensata Technologies plant gathered in front of the factory with handmade signs that read:

“Romney! Stop Bain Outsourcing to China”

“Mitt Romney Save Our Jobs”

“Romney: Instead of talking about JOBS, just don’t ship MINE to China”

The Sensata Technologies plant, which has been on the forefront of producing state-of-the-art automotive sensors, was owned by Texas Instruments, and then by Honeywell, before being sold in 2010 to Sensata Technologies Holding, N.V, a firm based in the Netherlands but majority-owned by Bain Capital. Bain, the private equity firm that Mitt Romney helped to develop and that continues to make him a very rich man, has since consolidated ownership of Sensata.

The workers at the plant wanted Romney to make a slight detour on his bus trip and take a look at the devastation being caused by Bain’s machinations at a plant where many of them have worked for more than thirty years.

The plant’s operations are rapidly shrinking as Sensata moves to outsource work from Illinois to China.

“This used to be a very high-volume plant and now it’s pretty much a ghost town…and by the end of the year it will be a ghost town”, Sensata employee Cheryl Randecker told local reporters.
And Freeport is never going to see Mittens. Way too dangerous even with a brain dead media.

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