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Vendo's closure to lay off hundreds
The Fresno Bee ^
| Tuesday, August 17, 2004
| Lisa Aleman-Padilla
Posted on 08/17/2004 5:04:41 PM PDT by Willie Green
Fresno company's move to Texas will idle 325 workers by May
The Vendo Co. will close its Fresno plant next year, laying off 325 highly skilled and well-paid workers.
Vendo officials filed a notice of mass layoffs with Fresno County late Friday, saying it will close the North Ingram Avenue plant about May 1.
The vending machine manufacturer is moving to an upgraded plant in Dallas to be closer to its sister company, Sanden Corp., and to bigger markets in the central and eastern United States.
"We've always recognized the disadvantage of being on the West Coast," said Michael Vartanian, Vendo's vice president of finance and administration. "That's really what pushed us to make this decision."
(Excerpt) Read more at fresnobee.com ...
TOPICS: Business/Economy; Culture/Society; US: California
KEYWORDS: globalism; residentbushbasher; theahnoldeconomy
To: Willie Green
This is all Bush's fault!
2
posted on
08/17/2004 5:06:38 PM PDT
by
SquirrelKing
("It's just a movie. ... I'd rather go to the bar across the street." - Kid Rock, on Fahrenheit 9/11)
To: Willie Green
"We've always recognized the disadvantage of being on the West Coast,"Well, there you have it.
3
posted on
08/17/2004 5:11:47 PM PDT
by
quantim
(Victory is not relative, it is absolute.)
To: Willie Green
Taxed and regulated to death.
To: Willie Green
Can't blame the weather on this one.
5
posted on
08/17/2004 5:16:20 PM PDT
by
bayourod
(I resent Kerry telling me that his values, not mine are the only true American values.)
To: Willie Green; All
Can't blame Bush for this.... Signs of a better economy... Less posting by Willie about layoffs.
6
posted on
08/17/2004 5:18:08 PM PDT
by
KevinDavis
(Let the meek inherit the Earth, the rest of us will explore the stars!)
To: Willie Green
"We've always recognized the disadvantage of being on the West Coast,"The vending machine manufacturer is moving to an upgraded plant in Dallas to be closer to its sister company, Sanden Corp.,
Does this mean Texas has a better environment, than California does, for companies like Vendo?
7
posted on
08/17/2004 5:18:36 PM PDT
by
syriacus
(How does John Kerry spell "diplomacy"? --- --- ---"D-U-P-L-I-C-I-T-Y")
To: Willie Green
How many companies can compete beset by high taxes and regulations?
8
posted on
08/17/2004 5:31:15 PM PDT
by
HuntsvilleTxVeteran
(GEORGE WASHINGTON is nothing like a communist tyrant as stated by Kerry.)
To: syriacus
Does this mean Texas has a better environment, than California does, for companies like Vendo? Both the Union boss and the City's director of economic development seem to think so.
"Fred Burkhardt, economic development director for the city of Fresno, agreed, calling Vendo's move to Texas "another testimony to how uncompetitive the state of California is" in luring and keeping businesses."
9
posted on
08/17/2004 5:38:15 PM PDT
by
PAR35
To: Willie Green
When I worked for Telco, our garage was on Herndon Ave., a little southwest of Vendo. I feel so sorry for the workers & their families. I hope they find work.
10
posted on
08/17/2004 5:39:07 PM PDT
by
afnamvet
(USAF Tuy Hoa AFB RVN 68-69 NOT FONDA KERRY!)
To: HuntsvilleTxVeteran
Cigarette machines went out years ago.
11
posted on
08/17/2004 5:40:43 PM PDT
by
Wolverine
(A Concerned Citizen)
To: PAR35
12
posted on
08/17/2004 5:41:50 PM PDT
by
syriacus
(How does John Kerry spell "diplomacy"? --- --- ---"D-U-P-L-I-C-I-T-Y")
To: PAR35
Does this mean Texas has a better environment, than California does, for companies like Vendo?It means the property is just too valuable and the company wants to cash in. It's practically right across the street from where I work. There is hardly a vacant lot that isn't about to not be vacant anymore. Money from the coast moving to the valley.
13
posted on
08/17/2004 5:46:32 PM PDT
by
stboz
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