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Default OT- Cross Pens moves prduction to China

****.

_-_-

axolotl wrote:

From today's Investor's Business Daily:

"A.T. Cross will move pen production to China over three years to cut
labor costs. It'll cut 300 jobs and save $5 mil-$7 mil a year."

That would be about $16.67K / year per worker.

Just another data point.

Kevin Gallimore

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