Posted on 08/13/2005 11:19:39 AM PDT by Willie Green
For education and discussion only. Not for commercial use.
INDIANAPOLIS - DaimlerChrysler AG will close its Indianapolis foundry and eliminate 881 jobs by Sept. 30, reducing the automaker's once formidable Indiana manufacturing presence to just the city of Kokomo.
DaimlerChrysler recently notified the Indiana Department of Workforce Development of the closure under the Worker Adjustment and Retraining Notification, or WARN, Act. The law requires employers to give 60 days notice before certain plant closings and layoffs. The loss of 881 jobs is the largest in Indiana under WARN this year.
A provision in the four-year labor agreement struck by the automaker and the United Auto Workers in 2003 called for the foundry to close by the end of the third quarter of 2005, company spokeswoman Curtrise Garner said Friday.
"The company and union jointly agreed to that," she said by telephone from DaimlerChrysler's U.S. headquarters in Auburn Hills, Mich.
News reports at the time of the labor agreement said DaimlerChrysler would phase out the foundry over four years. The plant along Interstate 70 west of downtown Indianapolis produces V-6 and V-8 engine blocks.
UAW Local 550 represents workers at the foundry. Local President James Clark had little to say about the closure when asked for comment Friday. The affected workers, most of whom now live in Indianapolis, have been offered jobs at a variety of other DaimlerChrysler plants, he said.
Workers who choose to transfer to another DaimlerChrysler plant instead of retiring receive 95 percent of their base pay after taxes until a new job is found for them, Garner said.
Department of Workforce Development agency officials will meet with DaimlerChrysler representatives next Thursday to discuss state job assistance to the affected workers, agency spokesman Kip Chase said.
The plant was owned by American Foundry Co. until Chrysler bought it in 1946. The automaker invested in major upgrades there in 1964, 1978, 1988, and the late 1990s.
The closing will diminish DaimlerChrysler's presence in Indiana to Kokomo, where three transmission plants and an aluminum casting plant employ about 7,500 workers. The automaker spun off its 1,400-worker New Castle machine shop to a joint venture three year ago, ending a 96-year history in the eastern Indiana city where the high school still bears the Chrysler name.
The notice to the state of 881 jobs being lost topped Indiana's largest previous WARN job loss this year, for 613 jobs eliminated with the June closure of Tower Automotive's auto frame assembly plant in Corydon.
Gov. Perdue announces 1,000 new jobs at chicken plant
By Mark Vanderhoek
Telegraph Staff Writer
PERRY - Gov. Sonny Perdue made a formal announcement Thursday morning of an expansion at Perdue Farms Inc., which will add 1,000 jobs in Perry and Monroe County. Hiring is already under way at an application office on Watson Boulevard.
Perdue Farms owns a chicken-processing plant outside of Perry and a hatchery and feed mill in Monroe County. The expansion to both operations, which will cost about $155 million to complete, will create 925 jobs in Perry and 75 jobs in Monroe, said Perdue Farms Chairman and CEO Jim Perdue.
The Perdue plant in Perry currently employs about 2,000 workers, according to Tony Mellone, the human resources manager for the plant.
The feed mill and hatchery in Monroe County currently employs about 50 people.
The expansion in Perry includes a new distribution center, the company's fourth, Jim Perdue said. The expansion will also include a new cooking plant. Currently the plant only processes raw chicken.
Perdue Farms is a privately held corporation based in Salisbury, Md. Though Gov. Perdue and Jim Perdue noted they could be distantly related, they hadn't established a link yet, the two men joked before a crowd assembled at the plant. The crowd included several hundred people, the majority of whom were workers at the plant who took a break from the production line to attend the event.
Lowe's Announces Expansion of Statesville, N.C. Distribution Center
July 20, 2005: 1:00 p.m. EST
MOORESVILLE, N.C. (PRNewswire) - MOORESVILLE, N.C., July 20 /PRNewswire/ -- Lowe's Companies, Inc. , working with the North Carolina Department of Commerce, Greater Statesville Economic Development Corp. and the city of Statesville, is pleased to announce the company will expand its regional distribution center (RDC) located in Statesville, N.C. The expansion is an approximate $12 million dollar investment for Lowe's and will create 50 new jobs. The regional distribution center currently employs approximately 800 people.
FRI Jul 22 2005, 11:00 AM
Pennsylvania Governor Rendell Announces Projects That Will Create 400 Jobs and Promote Tourism in Beaver County
CHIPPEWA, Pa., July 22 /PRNewswire/ -- Gov. Edward G. Rendell today
presented Chippewa Township with more than $1 million that will be used to
promote economic development and tourism in Beaver County and will ultimately
create 400 new jobs.
The governor announced $1.25 million from the Business in Our Sites
program for development of the Beaver County Technology and Manufacturing
Development Center and $100,000 from the First Industries program for the
proposed expansion of the BeaveRun MotorSports Complex. Both programs are
part of Gov. Rendell's innovative economic stimulus program.
"Business in Our Sites is one of the most useful tools in my economic
stimulus package," Gov. Rendell said. "Funding through this program helps
create shovel-ready sites in our towns and cities that attract emerging and
expanding companies and proves beyond doubt that Pennsylvania is open for
business. The First Industries Fund provides new resources to the tourism
industry; an industry that has been traditionally under-funded, that provides
more than 563,000 jobs for Pennsylvania families and is integral to
Pennsylvania's overall economic growth and quality of life."
SELMA - Governor Bob Riley today announced an automotive supplier is locating in Selma and creating an expected 240 new jobs.
The company, Hanil E-Hwa Interior Systems, is a tier one supplier to Hyundai locating in Selma’s Craig Industrial Park. It becomes the sixth automotive supplier to locate in the Black Belt during the past two years.
"This industrial project marks another step forward for the economy of Alabama’s Black Belt," Governor Riley said in making the announcement before a crowd of company officials and local dignitaries. "However, this announcement is about
Gov. Easley Announces 361 New Jobs for the Triangle
Jul 27, 2004
Business Wire
Gov. Mike Easley announced today that Network Appliance, Inc. (NASDAQ:NTAP) will expand its operations in the Triangle, bringing 361 new jobs and $59 million in additional investment to the area. Network Appliance, a world-leading data storage provider, is the 15th recipient of an award under the new state Job Development Investment Grant (JDIG) program.
Willie posts one data point every week that is contradicted by the national data. If you look above you will see about 8 data points I posted with job gains. Are we going to make decisions about our economy scientifically using economic DATA or are we all going to swap anecdotes about our uncle who is out of work?
Someone died in a car crash today. Is that a trend? What should we do about it? Lets start to think logically.
Good post!
King Arther said "The next time you are out in the courtyard look around you. Look at the people going by carefully. Do you think they are all capable of starting a business, becoming a barber or goldsmith? You must know some people that make you scratch your head and say, "I don't know how they have survived as long as they have."
King Ramses said "The next time you are out in the desert by my pyramids look around you. Look at the people going by carefully. Do you think they are all capable of starting a business, becoming a mummy preparer or chariot maker? You must know some people that make you scratch your head and say, "I don't know how they have survived as long as they have."
So the European nations that were devastated at the very end of world war II have recovered and now have a better wage. Did we really think that they wouldn't recover? They buy our good too.
I agree but I'd go further. It's not just corporations. It does not take much looking at the DLC's New Democrat Third Way "progressives" web site (ndol.org) to get acquainted with the Davos crowd of world leaders, intellectuals, corporate heads, the U.N., and prominent do-gooders from all walks of life. They set the agenda.
Bill Clinton plans a competitor for Davos. It's not moving fast enough for him. His "global initiative" starts in Sept. I believe.
To me, both Davos and Clinton (who is loved at Davos) are nothing more than a Marxist revolution from the top down and corporations are useful idiots. When the Davos / Clinton crowd asks the corporate heads if they sell rope they'd better take off running.
Thanks. Honestly, I missed that part. In my own defense, I only started here on Free Republic a few days ago and cannot claim to have read your previous posts.
Points:
1. Ex snook said that NO ONE ever posts information about companies that are announcing new jobs
2. Demonstrates that with Google you can find information about new jobs that are part of the 200,000 jobs that were added in july.
3. Each posting has as much validity to the major economic trends as Willy's weekly wail.
They were months back if your new. This site benefits when people bring information to it. The bureau of labor statistics has lots of detail. Sometime when you are in the mood to post google it.
Well if you live in Michigan, MOVE.
Granholm's a floozie. Her promises are overhyped and fraudulent.
If she gets her way, she'll probably bankrupt the state.
Okay.
I just found it a little repetitive.
Your posts are fraudulent and overhyped
Vol 11 Issue 18 | 15 - 28 July 2005
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THREE THOUSAND JOBS ON THIS ONE!!!!!!!
Daily Updates
Intel plans new 300mm manufacturing plant for Arizona
Intel Corp. will build its next 300-millimeter wafer manufacturing plant in Chandler, Arizona, alongside existing Intel facilities, the company said Monday.
"What matters isnt employment, that is the wrong way to measure manufacturing, it is output. By that measure manufacturing in the US has bee nremarkably stable over the past 25 years."
Two questions and I am not trying to start a contest. I am not good at micro economics and my macro economics is not much better -- besides it requires that one-armed economist Harry Truman was looking for. Harry got tired of getting briefed on economic forecasts followed by, "On the other hand. . . ."
Question one. Isn't a substantial part of productivity increases due to imported productivity; i.e., cheap labor? I am referring mostly to Stephen Roach's writings. Regardless, there is indeed a glut of cheap labor worldwide.
The second question is a toughie: Wasn't there changes (in the 1990's) made to how manufacturing is counted? To wit, hedonistic GDP figures which weighed the "pleasure" derived from increases in technology and factored that in to inflate the lower-cost technology of today? Thus when you compare the computer purchased for $2,000 in 1990 to the $2,000 computer today (in constant dollars) you are actually spending much more -- and that is what is included as manufacturing's share of GDP. Sounds nuts but it did come out of the Clinton adminstration.
Perhaps he can go to work at WalMart or Circuit City? I think he could even get insurance, 401K and stock options. Unless those jobs were outsourced too?
Maybe pray that Havoc gets a better attitude.He'll never get a real job if he whines during the interview.
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