McIntosh Group purchased by PE firm

@jerryg123 I never said Thailand saved Ducati, HD had a disastrous affair manufacturing in India which was in essence pulled back by Trump.

Triumph is exclusively manufactured in Thailand and has been for a long time.

Pirelli is 100% Chinese owned. Along with hundreds of US and European companies.

I am not pro Chinese, far from it, but if you keep voting for Biden the clown it's just going to get worse until China is your overlord.

@lordmelton  you have a very valid point on the current state of affairs in the United States. Most tire companies are owned or manufacture in China due to lax environmental standards. That trend has been going on for decades.  

Mc is an American Icon in Hi-Fi like them or not and it would be a shame to see them go the way of other iconic American brands like General Electric that has zero US manufacturing now. 

I also hate to say that @jerryg123 has a point also. Many here are looking for the car crash or the body covered on the side of the road. 

Nationalism aside some offshore production of products is necessary, it is just when companies misrepresent this and say made in the USA, or the EU and it is merely assembled of all offshore content. Truth in packaging and COO so the consumer can make the decision weather to buy or not. Voting with their wallet?

I hope that the PE Venture works out for Mc as this is not their first foray into PE waters.

Time will tell. 

@cleeds let me help you. 

How many plants does GE have in the US?

The number of GE's manufacturing plants in the US has dwindled from 191 in 2017 to 82 plants in 2020.

GE has over 500 plants offshore. 

Aerospace is big for GE as is Health Care and all of the HC unit products are made in Asia.