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When have we ever seen prices go down for ANYTHING? Having the jobs shipped over seas will only increase the profit marging of the products. The odd thing is that Penn does not have to listen to stock holders as they are a private company. Simply put the companies get more bang for their buck overseas!
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Like I said before how is this a good thing then? They will not get a better price on materials, and are going to have to spend a ton of dough on tooling. If anything it will allow a company with a subpar product to be around a little longer. If they really wanted to compete, they could buy better components, maybe make a few design changes, and still have the reels assembled here in the USA. Their problem is that the reels have been unimproved for years, there is no smoothness compared to say a Stradic, or Stella. Eventually the only jobs that will be left in the good ole USA, will be the mega million dollar CEO.
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