Re: India Growth Continues…Now Manufacturing
http://www.rockymountainnews.com/drmn/other_business/article/0,2777,DRMN_23916_4741599,00.html
The writing was on the wall. Blaming weakening domestic demand for its hard luggage, Samsonite in 2001 decided to close a Denver manufacturing plant, putting more than 300 people out of work as it shifted production to Mexico and India. Then, last year, a California developer bought Samsonite’s 100-acre campus along Interstate 70 for $14 million, a signal it did not plan to stick around.