Monday, June 2, 2008

450 Jobs LOST in EC

According to the NWI Times, "Union Tank Car Co. has closed its northwestern Indiana factory, shifting production to plants in Texas and Louisiana and putting nearly 450 people out of work.

The Chicago-based company cited a declining market for railroad tank cars and the cost of operating the older facility in East Chicago.

Friday was the final day of work for the 70 salaried employees and 375 hourly employees."

The recent announcement of 190 new jobs coming to Indiana pales in comparison to this loss.

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