My buddy that works for the Penn repair department told me yesterday that the company has fired the President and CEO, the National Service Manager, and the Vice President of Manufacturing. He say's morale is very low. He also said that he doubts that there will ever be a made in America spinning reel made by Penn again. That was the factory that all but closed down a month ago, they made the spinning reel's there. He also said that they are slow but sure making even the replacement parts in China too. Too bad because that was a big selling point for Penn, the made in America tag. Stiff competion requires the use of the cheapest labor I guess. The way he see's it eventually all the manufacturing will be done overseas.
Paul
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