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Published:Friday, August 15, 2008
LORDSTOWN – General Motors said it will officially announce a multi-million dollar investment into its Lordstown Complex on Thursday. The announcement ceremony will include the release of the first photos of the Chevrolet Cruze, GM’s next generation small car, which will be officially unveiled at the Paris Motor Show next month. The ceremony is scheduled to begin at 2 p.m.
Key leaders scheduled to participate at the ceremony include GM Chairman & CEO Rick Wagoner; UAW International Vice President, GM Department, Cal Rapson; Ohio Governor Ted Strickland; Ohio Lt. Governor Lee Fisher; and the joint UAW-GM leadership team of the Lordstown Complex.
For more on this story, please see Saturday’s Vindicator or Vindy.com.
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I am very pleased that GM has decided to stick with Lordstown until the end. In reality GM only has about 5 years left, probably less. Lordstown will be around until the end and hopefully labor that is close to retirement can do so and others will have the opportuntiy to make plans after GM.
That facility will also be very attractive to buyers and that means that it may stay open and certain jobs can be saved. This is a positive for the valley.
GM has always been a large employeer of people in Trumbull County and surrounding area. That being said with the steel industry that has left the area and I don't think you will see coming back anytime soon other area's of industry need to be looked at. Training in comminity colleges and adult training facilities need to be invested to draw new industry. The Northeast corridor was always a busy area and there advantages to companies building here because tehy could ship in all directions of the country. GM cannot be a crutch with the car industry taking a beating right now. I would hate to see the Warren-Youngstown area get any worse than it has. Lets face it the roads in the area are not being paved like they once were.
I beg to differ with the good doctor regarding the future (of the company, that is). With exports to Europe and Asia trending up for the first time ever and a long overdue adjustment to R&D, marketing and product launch, GM is going to be both leaner and more competitive in the global marketplace. In a relatively short period of time we've seen what a drop in demand can do to the cost of oil domestically, the trick for GM is being able to harness that rather than ignore it like they did with the hybrid fad.
Also, its nice to see that even in the face of journalistic integrity the Vindy remains dedicated not to proofing things before posting them...or has the name actually been changed to Lorstown?
Keep up the 2nd grade-level work, folks.
One small step for the Mahoning Valley. Maybe it's a sign of positive things to come.
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