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In It to Win It

(12,564 posts)
Wed Feb 18, 2026, 08:32 AM Wednesday

Billionaire Trump donor and tariff advocate is moving his Ohio manufacturing plant to China: report [View all]

Cue the sad trombone: Hedge fund billionaire John Paulson — a major Trump donor and advocate of tariffs — is shuttering his Ohio brass instrument plant and offshoring work to China, according to a new report.

Paulson’s company Conn Selmer, the nation's top maker of orchestral and brass instruments, notified employees it will shift most of its East Lake plant operations to Asia by July, triggering about 150 layoffs, The Guardian reported.

Employees were informed of the decision last month, when they expected to negotiate a new union contract, according to United Auto Workers Local 2359, which represents the workers.

The employees said the company unveiled a new plant in China in 2025, and that work has slowly shifted to that location. However, workers in Ohio had previously been told their jobs were not in jeopardy.

Workers there expressed deep dissatisfaction with the decision, with one saying, “It really pisses me off,” while another said they felt “betrayed.”

https://www.yahoo.com/finance/news/billionaire-trump-donor-tariff-advocate-212204669.html
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