On 2007-11-26 07:21:09 -0800, Larry Dighera said:


Cessna SkyCatcher HQ to Be Announced This Week

CESSNA TO BUILD SKYCATCHER OVERSEAS
(http://www.avweb.com/eletter/archive...ll.html#196645)
Cessna CEO Jack Pelton has confirmed what many suspected when the
Cessna 162 Skycatcher -- and its $109,000 price tag -- were
introduced earlier this year. In an interview with The Wichita
Eagle (http://www.kansas.com/107/story/236262.html), Cessna CEO
Jack Pelton said that to make that price target "a major part of
that content has to be built someplace else." Cessna intends to
announce where the little aluminum high-wing will be made at a
news conference on Wednesday. The company has searched the world
looking for the right manufacturer.



http://biz.yahoo.com/ap/071123/euro_dollar.html?.v=1
Meanwhile, Airbus CEO Thomas Enders said the euro has now "crossed
the pain threshold" and that the rate of the dollar's fall "hardly
leaves room for reasonable adapting."




http://finance.yahoo.com/charts#char...urce=undefined


Five year graph.



http://biz.yahoo.com/ap/071106/dollar.html?.v=5
Dollar Falls to New Lows

Cessna already makes many of their subassemblies in Mexico. Almost all
their jets are manufactured there and final assembly is in the US. So I
would guess that the Skycatcher, which already was going to have wings
and fuselage manufactured in Mexico, will also be assembled in Mexico.

The decline in the dollar has been a long time coming. It has been far
too strong since the 1970s at least. In particular, China's refusal to
allow their currency to trade at its real value has created huge
distortions in international trade. American-made products were far too
expensive to be competitive with anything manufactured overseas,
hurting employment at home.

The time when an American tourist could go where he wanted and buy
anything he wanted is ending, but so is the time when every American
company was shipping all our jobs overseas.

--
Waddling Eagle
World Famous Flight Instructor