Monday, March 29, 2010

NUMMI

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/26/BUKB1CM075.DTL


http://www.nytimes.com/2010/03/28/us/28sfnummi.html?pagewanted=1

On Thursday New United Motor Manufacturing Inc is closing. 4,700 workers will be out of work. There are another 20,000 workers at supply plants who are scrambling to stay in business. California could lose 1 Billion dollars in tax revenue if these suppliers can't find another way to make a buck.

This is what happened in Michigan when GM moved plants to Mexico. History repeats itself.

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