Peavey on Cheap Labor

By  | 

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.