Jarden Reports Record First Quarter 2011 Results
"As we continue to expand sales internationally, on the manufacturing front we have for the first time in a long while brought manufacturing of two of our product lines back from Asia to the United States. I believe that we are witnessing the end of a 30-year trend of relocating manufacturing (and therefore jobs) from the Americas to Asia and I am proud that Jarden is at the forefront of this change, as we have been early to recognize a number of other changes in the past.."
Martin E. Franklin, Chairman and CEO, Jarden Corporation
Now Jarden bringing back two product lines from China and proclaiming they have turned over a new leaf is like the town drunk announcing he is a whole new man because he will no longer start drinking before breakfast, but it if they are bringing even a little bit of production back, who knows? There may be hope for others like them.