Penn Reel's Movin on out - Striper Talk Striped Bass Fishing, Surfcasting, Boating

lurch · 03-14-2005, 04:46 PM

I agree!

However, the savings are still there. The parents are not going to get involved if the best or worst instructor is there so why not save the money...

Sorry for the hijack

capecodder · 03-14-2005, 05:07 PM

Reminds me of a US based outboard mfg. complaining about dumping by the Japanese... Never a mention of how Japanese products are priced higher than US but still seem to thrive. My Toyota 4 Runner is signficantly more expensive than many US competitors but it still sells pretty well.

Lurch is right on about the labor market. Its a global market and if the additional cost of distribution from Asia can be overcome by labor savings while at the same time maintaining or improving quality, its a pretty simple equation. When composition of a product is largely lower skilled workers, bye-bye...

Interesting idea about education. I think it works in theory, but in practice it is a stretch... the teachers union is just too powerful!!!

ProfessorM · 03-14-2005, 05:35 PM

I am pretty sure that Penn is looking to North Korea for the manufacturing end. At least that is what my buddy tells me. P.M.

Raven · 03-14-2005, 08:51 PM

Quote:

The united states leads the world in innovation but we cannot compete with the labor force in asia or india for low level jobs

i'm in agreement there.....but thats presently....as it stands now...but through innovation we will be able to compete globally with any labor force robotically.

Raven · 03-14-2005, 08:54 PM

Quote:

The united states leads the world in innovation but we cannot compete with the labor force in asia or india for low level jobs

i'm in agreement there.....but thats presently....as it stands now...but through innovation we will be able to compete globally with any labor force robotically.

TheSpecialist · 03-14-2005, 09:02 PM

If this move is going to save Penn lots of dough, do you think that Penn will pass those savings on to you the consumer? That savings is going into the owners pocket.

As far a you teaching concept, I guess you have never spent an hour talking to a tech support person for Hp that was in India. There is a large communication gap there...

seabuggy · 03-14-2005, 09:55 PM

Penn reels have been my preference for 40 years. They have, however been declining in quality. I have two Penn Squidders that are 30 years old. Two years ago, I tried to buy a new one. Every one in the store had the same defect. The spool adjustment would not work. Across the board, thier models do not compare with those of the competition. This is sad, a piece of Americana is passing before our eyes. This must be a conspericy by the tree huggers and animal(fish) rights groups.

pmueller · 03-14-2005, 10:23 PM

Gotta agree with specialist. The savings will not be past on to the customer on the series of reels on the market today. Just improving the margin.

Roseneath · 03-14-2005, 10:33 PM

[FONT=Arial] Its scary to see long time, US-based, companies ship over seas (Penn being the most recent), but what incentive does a manufacturing company have for staying in the US?

High cost in salaries, due to the high cost of living, prevents most products from being competitively priced in the market.

There's still jobs and money in the US (and more importantly NE), but most seem to be in the service or sales industry.

lurch · 03-15-2005, 12:58 AM

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!