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D.Duck wrote:
"HK" wrote in message ... jamesgangnc wrote: On Jan 9, 8:40 am, wrote: On Jan 8, 10:12 pm, "jamesgangnc" wrote: Actually Sarasota is a fairly pricey area to be in. I won't say it is the most expensive but the central gulf coast area runs second to the miami area. "HK" wrote in message ... Except for the job loss, this is hysterical. Florida is not a high-wage state. I guess the good folks in Tennessee are now competing with the Chinese. Genmar exits Florida, citing economic conditions The high cost of doing business in Florida is driving out one of the industry's biggest players. Genmar Holdings today announced plans to phase out its manufacturing operations in Sarasota in the next six months. "Unfortunately, negative manufacturing economic conditions in Florida and the state of Florida's complete lack of interest in attempting to save these jobs has left Genmar with no other choice than to move such operations out of the state of Florida," said Genmar chairman and CEO Irwin Jacobs in a statement. He said Genmar, "has diligently attempted to preserve its manufacturing presence in the state of Florida, but it is just too costly compared to the other states where Genmar has existing manufacturing operations." Product models larger than 25 feet in length for its various sal****er boat brands will relocate out of Sarasota and transfer to other Genmar plants throughout the United States. The change involves three of the company's 14 boat brands: Hydra-Sport, Wellcraft and Seaswirl. These three brands manufacture a total of 58 models; 19 of them will be affected by the move. Today, 67 percent of Hydra-Sports' models are manufactured in Murfreesboro, Tenn.; 52 percent of Wellcraft's models are manufactured in Cadillac, Mich.; and 75 percent of Seaswirl's models are manufactured in Little Falls, Minn. About 225 employees will be affected by this transition. However, Genmar says its Sarasota employees will earn special incentives during the six-month transitional period. Also, to the extent possible, Genmar's other plants will offer jobs to several Sarasota employees affected by the shut-down. Genmar says it will continue to retain "a solid and experienced core group" of boat designers, tool builders and other product development personnel, along with its brand sales, customer service and management in Florida, particularly in light of its proximity to this key boating market. "While the above decisions and changes have been very difficult to make, the opportunities created for the affected Genmar's brands and its other facilities are very significant," said Jacobs. "We recognize we are entering the beginning of the annual retail boat show selling season and all of our dealers can be assured that supporting them with sales, marketing and product are our first priorities," Jacobs continued. "The transition referenced above has been carefully planned for a prudent and seamless transition as it relates to our dealers, their customers and our entire organization." Genmar, with about 4,000 employees and eight manufacturing centers, builds 14 brands of recreational boats. These include Carver, Champion, Four Winns, Glastron, Hydra-Sports, Larson, Marquis, Ranger, Scarab, Seaswirl, Stratos, Triumph, Wellcraft and Windsor Craft.- Hide quoted text - - Show quoted text - But wages are still in the toilet there.- Hide quoted text - - Show quoted text - Not sure that has much bearing. They can hardly tell the existing employees to take ap ay cut without getting a lot of grief so the current labor rate only affects them if they were considering expanding. Other wise it's all the other local costs of doing business. Which, of course, just proves my point that if you work for a large corporation, the day you get hired, you should revise and start sending out your resume, because sooner or later, that corporation is going to screw you. I worked for T for 30 years, never was screwed. Well, good. There used to be a sort of "social compact" in this country, that sort of was, "You work your butt off for us, and we'll take care of you." Really. But not anymore. And this has carried over into other areas of the corporate world. I was checking over my frequent flyer miles today. One airline had made a substantial accounting error. It took three phones and about a dozen "transfers" until I ended up with some nincompoop in Bangladore who was not able to help me and who obviously was on a VOIP connection. So I ended up sending a FAX in for help. I doubt the problem will ever be fixed. After all, this is America, where corporations rule and where the attitude is "fu*k you, pay me," the old "mob" line. What's funny is that the old time mobs had more integrity than many of today's corporations. |
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