Donnelly to Keep Profits From Family Company Outsourcing Jobs to Mexico

Indiana Sen. Joe Donnelly (D.) announced that he has finalized his sale of stock in a family-owned company that outsourced jobs to Mexico, but he will hold on to the thousands of dollars in profits he earned off the company in recent years.

Donnelly, who has positioned himself as a fierce critic of outsourcing, told the Associated Press on Tuesday that he sold his stock in Stewart Superior for $17,410 earlier this month. Donnelly had vowed to sell the stock in July shortly after it was reported that the ink stamp company run by his brother had shifted part of its manufacturing operation to a factory in Guadalajara, Mexico.

Donnelly's spokesman Peter Hanscom told the AP the senator would be donating the proceeds from the sale to local charities, but made no mention of what would be done with the up to $80,000 he earned in dividend payments from 2014 to 2016.

Hanscom did not respond to numerous email requests for more information on the sale.

Donnelly first made a significant investment in the company in 2013, around the same time the company told the Washington Free Beacon it shifted jobs to Mexico.

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