[AMC-List] Former AMC-Associated Stamping Plant Goes Bye-Bye
[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
[AMC-List] Former AMC-Associated Stamping Plant Goes Bye-Bye
- From: Archimedes <Freedom@xxxxxxxx>
- Date: Wed, 03 Jan 2007 09:31:20 -0500
From: http://wvgazette.com/section/Today/200701018
*****************************************************
Closed, future uncertain
Union Stamping and Assembly in South Charleston threw in the towel and
declared bankruptcy after union workers declined to make another round of
concessions that would have substantially trimmed wages that averaged
$17.21 an hour.
The plant had 525 workers when Cleveland-based Union Partners LLC bought
the plant from Mayflower Vehicle Systems two years ago, and had nearly 800
workers three years ago.
Park Corp. of Cleveland has owned the building since 1969 and over the
years has leased it to American Motors Corp., Chrysler Corp., Volkswagen of
America Inc., Checker Motors Corp., Mayflower and Union Stamping. In early
December, U.S. Bankruptcy Court Judge Ronald Pearson approved Park's $18
million offer to buy the massive presses and other equipment inside.
That seemed like a ray of hope. By yearend, Ray Park had hired 20 to 25
people to paint, put in new lights and repair the roof and floors. He also
brought in John Wise, who once managed the plant, to help repair the machinery.
*****************************************************
-- end --
_______________________________________________
AMC-List mailing list
AMC-List@xxxxxxxxxxxx
http://www.amc-list.com/mailman/listinfo/amc-list
or go to http://www.amc-list.com
Back to the Home of the AMC Gremlin