Mahoning Valley Forum

Youngstown & The Mahoning Valley => Mahoning Valley, in General => Topic started by: jay on November 26, 2018, 07:19:24 PM

Title: Black Monday Again ..... GM To Close Lordstown Plant
Post by: jay on November 26, 2018, 07:19:24 PM
More bad news for the Mahoning Valley.  The GM Lordstown plant will close by the end of 2019.
Title: Re: Black Monday Again ..... GM To Close Lordstown Plant
Post by: Why?Town on November 26, 2018, 09:19:43 PM
This is the end of the Cruze.  I heard from one of the workers that the actual closing hasn't been announced. Either we'll get lucky enough to start building a different car there or the closing will be announced. Only time will tell. :'(
Title: Re: Black Monday Again ..... GM To Close Lordstown Plant
Post by: iwasthere on November 27, 2018, 12:41:48 AM
Quote from: Why?Town on November 26, 2018, 09:19:43 PM
This is the end of the Cruze.  I heard from one of the workers that the actual closing hasn't been announced. Either we'll get lucky enough to start building a different car there or the closing will be announced. Only time will tell. :'(
don't hold your breath on your statement because Lordstown is looking at the bottom line and their stockholders dividends. they will send these car lines production to the second third world countries for slave labor to increase their profit margins.
Title: Re: Black Monday Again ..... GM To Close Lordstown Plant
Post by: jay on November 27, 2018, 04:30:00 AM
How many Youngstown city residents work at the GM Lordstown plant?

The Mayor Brown administration may be hit with another substantial cut in tax revenue.
Title: Re: Black Monday Again ..... GM To Close Lordstown Plant
Post by: Why?Town on November 27, 2018, 08:39:39 AM
Quote from: jay on November 27, 2018, 04:30:00 AM
How many Youngstown city residents work at the GM Lordstown plant?

The Mayor Brown administration may be hit with another substantial cut in tax revenue.


Based on the amount of money GM pays it's employees (the ones that have been there long enough to not be laid off the last two times) and the 2.75% income tax that chased most of them away years ago, I'd be surprised if the city loses more than $5000 a year.