Workers at Milwaukee’s Master Lock Co. factory stood to make $100,000 or more a year just a decade ago as they helped churn out the padlocks that secure America’s school lockers and backyard sheds.
But now the plant signals a soft spot in President Joe Biden’s economic pitch for reelection. That’s because on Friday, Master Lock is shuttering the 85-year-old facility for good, shifting production to Mexico, China and North Carolina and erasing hundreds of union jobs in a predominantly Black neighborhood.
Source: Bloomberg
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