Trump donor who criticized offshoring to close Ohio plant and move work to China

The Guardian - World NewsEN 3 min read 100% complete by Michael SainatoFebruary 16, 2026 at 02:00 PM

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Hedge fund billionaire John Paulson, a prominent Trump donor who has publicly criticized offshoring, plans to close the Conn Selmer brass instrument manufacturing plant in East Lake, Ohio, by June 2026, eliminating 150 jobs. The company, the largest US manufacturer of brass and orchestra instruments, informed the United Auto Workers (UAW) Local 2359 of the decision during contract negotiations, stating there would be no bargaining. Union workers allege the company has already shifted some production to a new facility in China opened last year. The UAW views the move as an attack on the union and a contradiction of Paulson's previous statements supporting American manufacturing. Paulson served on Trump's economic policy team and has been a vocal advocate for protecting American jobs.

Key Entities & Roles

Key Player Opposition Context

CNBC ×230% United States 40% Robert Hines ×250% United Auto Workers (UAW) Local 2359 ×360% Conn Selmer ×270% China ×470% Ohio ×370% Donald Trump ×480% John Paulson ×590%

Keywords

offshoring 100% manufacturing plant closure 90% china 80% domestic manufacturing 70% john paulson 60% union workers 60% job losses 50% trump donor 50% conn selmer 40%

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Very Negative

Score: -0.70

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The Guardian - World News

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90%

This article was automatically classified using rule-based analysis.

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offshoring manufacturing plant closure china domestic manufacturing john paulson union workers job losses trump donor conn selmer

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