Trump donor who criticized offshoring to close Ohio plant and move work to China

Workers decried John Paulson’s plan after billionaire painted himself as advocate for domestic manufacturing

John Paulson, a hedge fund billionaire and one of Donald Trump’s earliest Wall Street backers, is planning to offshore an Ohio manufacturing plant to China despite heavy pushback from employees.

Workers at the plant call the move “a slap in our face”, after Paulson vocally defended domestic manufacturing, and are fighting to keep the plan open.

Continue reading…