Peavey on Cheap Labor

By: Stan Torgerson
By: Stan Torgerson

Peavey Electronics has been and is being affected by the availability
of cheaper labor in foreign countries. That's according to company president, Mary Peavey.

"The lesser-priced product we will probably have to send to China," said Peavey. "But we are determined to keep manufacturing facilities in Meridian and it is a pledge that Hartley gives to you."

Peavey said workers in China, for instance, may be paid as little as
$8.00 for a 10-hour shift.

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