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GM spurns Ohio offer to keep Moraine plant open
31/08/2008 04:30. Despite General Motors Corp. ’s rapid rejection of $56.2 million in state help to keep the automaker’s Dayton-area assembly plant open, Moraine officials are holding out hope GM will reverse its decision to shutter the factory.

The state offered the incentive to General Motors (NYSE:GM) on Aug. 20, and eight days later the company responded. In the offer letter, Lt. Gov. Lee Fisher had asked GM respond by Nov. 22.

“It was clear to us that there will not be any new product coming into Moraine,” said Kelly Schlissberg, a spokeswoman for the Ohio Department of Development. “That was the message to us.”

GM in June said it would close the sport-utility vehicle plant by 2010, then it later warned that almost half of the plant’s remaining 2,400 workers would lose their jobs in... // Phoenix Business Journal

Total: 11 news articles
First News Article: The Plain Dealer - cleveland.com, 28/08/2008 09:09


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