At Tuesday’s White House press briefing, reporters asked Press Secretary Sean Spicer about United Against Nuclear Iran’s (UANI) newest letter campaign focused on global companies who are scaling back their U.S. operations, all while looking to expand their economic footprint in Iran.
Newsmax’s John Gizzi detailed these new business pursuits in an exclusive article posted yesterday.
According to a series of letters authored by UANI the potential pitfalls and new details in the letters include the following:
Volvo made multiple rounds of job cuts totaling around 1,200 layoffs in 2016 – including at its Mack Trucks factory in Lehigh Valley, Pennsylvania and its plant in Dublin, Virginia. At the same time, Volvo Trucks is reportedly teaming up with Iran’s second-largest automaker to produce three new models of Volvo FM trucks in Iran.
Honeywell Aerospace, the Arizona-based subsidiary of Honeywell International, announced in October another round of layoffs – the third time in 2016. At the same time, it is actively looking to build out its workforce in its new office in Tehran as it signs a distributor agreement with an Iranian company.
The world’s largest oilfield services provider, with significant U.S. operations, has reportedly cut 30,000 jobs globally since 2015, including an undisclosed number of jobs in Houston. At the same time, Schlumberger is seeking to expand its operations in Iran, signing a memorandum of understanding in November to develop three oilfields in Iran’s southern Khouzestan Province.
The biggest automaker in the world announced in November 30,000 job cuts worldwide, including layoffs in North America. At the same time, Volkswagen is reportedly teaming up with the Iranian car company, Mammut Khodro.
In 2016 ArcelorMittal increased steel product shipments to Iran. This year, ArcelorMittal has announced dozens of layoffs at its plant in Pennsylvania.
Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.
The Iran nuclear deal is done. And the world's biggest companies have already visited Tehran ready to strike a deal when sanctions end. These businesses will add even more to Iran's bottom line. And that means continued development of nuclear technologies and more cash for Hamas and Hezbollah.