If the UAW strike leads to a win for the union, southern auto workers believe that will lead to a pay up at plants like Nissan and Mercedes.
But Jacobs warns that these incentives aren't always worth it, especially now that they've shot well past the half billion mark. Just as important as the amount is which company a state is recruiting.
"If you told me that you gave away $500 million in incentives to get a Toyota factory, I'd say go for it," Jacobs said."There's not too many companies in the world I would say that about. Because once Toyota builds a factory there it's staying. They're not going anywhere."While Southern workers could see their wages rise with a UAW win, the North-South tug of war over wages goes both ways.
But paycheck size is not the only issue southern workers are paying attention to with the strike. There's also the global transition to electric vehicles. The overhaul of old plants and construction of new ones to build EVs will create new jobs. But it will also cause the loss of other jobs. Car companies don't need workers trained to build engines for an EV that won't have one, said Mock.It's still uncertain to Mock if the EV shift will be a net positive for southern workers. It will depend on what comes of the UAW contract, which could lead to similar changes at the foreign automakers' plants.
"This is one of the most important times in America," Mock said."The most important times in the labor movement."
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