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Brightpoint bringing 100 jobs to central Indiana

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Brightpoint Inc. will add 100 jobs in Plainfield as it moves its Touchstone Wireless operations from Bristol, Tenn., the company announced late Tuesday afternoon.

The Indianapolis-based wireless phone distributor also will add 200 positions at its Forth Worth facility in the consolidation, which is expected to be "substantially complete" by the end of July.

“The actions that we are taking to relocate our Bristol operations will accelerate our efforts to optimize operations, drive efficiencies, lower customer repair costs and reinforce Touchstone Wireless’ position as an industry leader in reverse logistics and repair services,” J. Mark Howell, president of Brightpoint Americas said in a prepared statement. He added that the consolidation "in no way diminishes" Brightpoint's commitment to the reverse-logistics and repair business.

The Tennessee facility will continue to operate during a transition over the next four months. Brightpoint said it will offer jobs to 350 full-time Touchstone employees who wish to relocate; 250 temporary workers will lose their jobs.

Brightpoint said the relocation will lead to growth in the Forth Worth and Plainfield operations. The company will expand the Fort Worth facility to accommodate the growth. The consolidation will cost Brightpoint $3 million to $3.5 million in lease termination and employee compensation between the second and third quarters.

Brightpoint agreed in December to acquire Touchstone, which reconditions used mobile devices, for $80 million.

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  • new jobs
    Too bad there are 600 people losing jobs in Bristol. Brightpoint has ruined our lives.

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  1. Apologies for the wall of text. I promise I had this nicely formatted in paragraphs in Notepad before pasting here.

  2. I believe that is incorrect Sir, the people's tax-dollars are NOT paying for the companies investment. Without the tax-break the company would be paying an ADDITIONAL $11.1 million in taxes ON TOP of their $22.5 Million investment (Building + IT), for a total of $33.6M or a 50% tax rate. Also, the article does not specify what the total taxes were BEFORE the break. Usually such a corporate tax-break is a 'discount' not a 100% wavier of tax obligations. For sake of example lets say the original taxes added up to $30M over 10 years. $12.5M, New Building $10.0M, IT infrastructure $30.0M, Total Taxes (Example Number) == $52.5M ININ's Cost - $1.8M /10 years, Tax Break (Building) - $0.75M /10 years, Tax Break (IT Infrastructure) - $8.6M /2 years, Tax Breaks (against Hiring Commitment: 430 new jobs /2 years) == 11.5M Possible tax breaks. ININ TOTAL COST: $41M Even if you assume a 100% break, change the '30.0M' to '11.5M' and you can see the Company will be paying a minimum of $22.5, out-of-pocket for their capital-investment - NOT the tax-payers. Also note, much of this money is being spent locally in Indiana and it is creating 430 jobs in your city. I admit I'm a little unclear which tax-breaks are allocated to exactly which expenses. Clearly this is all oversimplified but I think we have both made our points! :) Sorry for the long post.

  3. Clearly, there is a lack of a basic understanding of economics. It is not up to the company to decide what to pay its workers. If companies were able to decide how much to pay their workers then why wouldn't they pay everyone minimum wage? Why choose to pay $10 or $14 when they could pay $7? The answer is that companies DO NOT decide how much to pay workers. It is the market that dictates what a worker is worth and how much they should get paid. If Lowe's chooses to pay a call center worker $7 an hour it will not be able to hire anyone for the job, because all those people will work for someone else paying the market rate of $10-$14 an hour. This forces Lowes to pay its workers that much. Not because it wants to pay them that much out of the goodness of their heart, but because it has to pay them that much in order to stay competitive and attract good workers.

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  5. It is sad to see these races not have a full attendance. The Indy Car races are so much more exciting than Nascar. It seems to me the commenters here are still a little upset with Tony George from a move he made 20 years ago. It was his decision to make, not yours. He lost his position over it. But I believe the problem in all pro sports is the escalating price of admission. In todays economy, people have to pay much more for food and gas. The average fan cannot attend many events anymore. It's gotten priced out of most peoples budgets.

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