After getting the word a coupleof weeks ago that Timken is closing plants in Ohio, we now hear that Hoover is pulling up stakes as well.
Hoover announced today that it will get rid of 20 percent of the workforce in an effort to consolidate and save money, NewsChannel5 reported.As part of a huge restructuring move, Hoover will move part of its operation from North Canton to Maytag's headquarters in Newton, Iowa, to become one company.
About 1,100 jobs will be lost. Hoover's restructuring comes on the heels of the recent announcement of Timken's closing its doors. Hundreds will be left without jobs in that closing.
To all my conservative friends, say what you want. I've said it before and I'll say it again, all economics are local. And if Ohio really is the Florida of '04, then Bush is in for some trouble.
Comments (1)
Which is why Wally O'Dell is so important.
Posted by eRobin | June 5, 2004 1:41 PM
Posted on June 5, 2004 13:41