Has Snap On moved to India?

[RaceDeck]

I could not agree more with the how so many companies have gone overseas to China, Taiwan, Mexico, South Africa, etc..for only one reason...To try and save costs on labor. Also, with many countries subsidize companies that export into USA ( for example South Africa, New Zealand, UK,etc.. get as much as a 50% credit on the sale of their product) I know that in my industry the only thing I get on exporting to other countries is "taxed"...this makes it tough to compete in a global market and sometimes tough to compete with them here ( I compete with one company in one of our other industries that actually gets the following to come here and exhibit and sell in the USA - Full airfare reinbursed, 50% hotel, 42% credit on all products sold here, this is definetly not fare trade)

Now, I really have no issue with a company going to a country like Italy, Germany, Austria or Poland to get specific products that are manufactured by craftsman who come from generations within their trade...not $2.00 a day cheap labor. I am fortunate enough to employ some highly skilled people in my company that can machine all of our tools & molds and operate them.