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Since mid-2010, Master Lock has returned approximately 100 jobs back to Milwaukee, Wisconsin that had previously been off-shored.
WHITEHOUSE: President Obama Speaks About Insourcing Jobs
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Master Lock is improving productivity at their plant in Milwaukee by upgrading equipment and the company plans to continue bringing jobs back to Wisconsin.
WHITEHOUSE: President Obama Speaks About Insourcing Jobs
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Master Lock Company, the world's largest manufacturer of padlocks and related security products, is leading by example and bringing jobs back to the United States.
WHITEHOUSE: President Obama Speaks About Insourcing Jobs
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When Master Lock looked at their numbers, they saw that union workers in America could do the same job at competitive costs as non-union workers in China.
WHITEHOUSE: President Obama Speaks about Insourcing American Jobs
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It took 50% ownership in United Stationers and in 1997 installed a chief executive, Randall Larrimore, who had headed Fortune Brands' hardware division, including Moen Inc. and Master Lock Co.
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In Milwaukee, the President will tour and deliver remarks at Master Lock, to continue to discuss his blueprint for an economy built to last based on American manufacturing and the importance of companies insourcing and investing in America.
WHITEHOUSE: Vice President's Schedule
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Master Lock -- iconic company.
WHITEHOUSE: President Obama Speaks about Insourcing American Jobs
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Today, the President will travel to Master Lock Company in Milwaukee, Wisconsin to discuss his Blueprint for an America Built to Last, which invests in American manufacturing by encouraging companies to create manufacturing jobs in the United States while removing deductions for shipping jobs overseas and encouraging insourcing.
WHITEHOUSE: President Obama Speaks About Insourcing Jobs
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Master Lock sells a garage-door opener with a built-in fingerprint scanner, the Kwikset SmartScan Deadbolt will open up your front door with another finger swipe and Schlage's LiNK door locks allow owners to give anyone access to their home by punching a code into a computer keyboard or mobile phone's keypad.
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