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| Re: Old London Melba Toast factory in Bronx relocating to NC - 228 jobs lost (553359) | |||
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Re: Old London Melba Toast factory in Bronx relocating to NC - 228 jobs lost |
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Posted by trainsarefun on Sat Jan 23 15:55:05 2010, in response to Re: Old London Melba Toast factory in Bronx relocating to NC - 228 jobs lost, posted by Dan on Sat Jan 23 14:23:04 2010. I find this hard to believe. The city should have least tried to do something to keep them even if they knew it was a lost cause.It really was pointless. You have the capital cost of overhauling the plant or finding a new one, and you have the fact that unskilled labor is cheaper in NC, and not unionized. I see no reason to engage in corporate welfare to keep this company here if they feel that they can do better elsewhere. Unlikely, a bio-tech firm would be more likely to locate in Westchester or some other suburb. It depends. NYC is actually attracting quite a lot of biotech firms in recent years. We will probably continue to lose unskilled labor positions, but continue to add skilled and professional labor positions. It's been happening for decades. |
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