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OT: Some really bad news for the local economy
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[QUOTE="Cheriehoop, post: 791503, member: 127"] Hmm - looks like they received plenty of incentives and pledged to stay 30 years in 1996 to stay. They are talking about moving jobs to Owego which is NYS. From the P-S article below on Lockheed. Guess in addition to those incentives I guess the $1 leased proved too much. :) "But Lockheed has steadily reduced its workforce at Electronics Park in Salina since 2011 as the federal government began making deep spending cuts on defense programs. Employment remained steady at about 2,300 people from 1996 through 2011, but several rounds of layoffs since then reduced the workforce in Salina to about 1,700 this summer. Lockheed Martin agreed with New York state in 1996 to maintain employment at a minimum of 1,500 for 30 years at Electronics Park, in return for a series of economic incentives. The incentives included a 30-year lease for $1 on the state-owned Electronics Park property. The sprawling campus was originally built in 1942 by General Electric Co., which also developed radar and other electronic products at the site. " [/QUOTE]
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OT: Some really bad news for the local economy
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