Wabash factory to close, losing 600 jobs

Wabash factory to close, losing 600 jobs

There are 40 comments on the The Indianapolis Star story from Oct 19, 2007, titled Wabash factory to close, losing 600 jobs. In it, The Indianapolis Star reports that:

GDX Automotive gave closure notices to union leaders this afternoon, telling them the plant will shut down near the end of November, putting more than 600 people out of work.

Join the discussion below, or Read more at The Indianapolis Star.

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Rico

Carmel, IN

#1 Oct 19, 2007
Interesting how so many manufacturing jobs are migrating to Mexico for cheaper labor, while at least 12 million Mexicans (more than the entire population of Indiana and Kentucky combined) have migrated to the US to try to find better paying jobs and a better way of life. I wonder at what point the cost of labor will rise to typical US levels (due to lack of qualified workers, since they are moving on up)?

Maybe GDX and the Steel Workers Union could save the day for Wabash by keeping the plant open, firing all the current employees (as planned), then hiring all illegal immigrants at the wage they plan to pay at the new plant in Mexico? Just a (twisted) thought...I am guessing the south of the border wage would not have enough cushion for the new employees to pay their union dues.

My heart really does go out to those losing thier jobs and Wabash in general: with about 3100 household in the town, the loss of good paying jobs for 600 households will be devastating.

“BALLARD LIED”

Since: Jul 07

Indianapolis

#2 Oct 19, 2007
Never fear shorty mitch is here to save the day with new jobs coming to a town near you SOON yes soon in the near future not far away just take that old money belt in a few more notches and wait you will see right after he is elected again for another 4 years.
GDX Employee

Lansing, IL

#3 Oct 19, 2007
I hope it is very clear that GDX is owned by CERBERUS, the large capitol group that recently bought Chrysler. Cerberus went after concessions from us right away to help them, of course we did and the City and State helped them with taxes. Everyone helped, they did nothing. They also pulled all support (money) from the business months ago. GDX's customers, Ford, GM, VW, Navistar, Kenworth, & Freightliner have been paying our salaries, buying the materials, and keeping the plant alive for many months. To insure they got the parts to build their cars and trucks until new suppliers could be found and get ramped up into production. That is why business has been pulled. All Ceberus did was plan to get rid of us one way or another. They have proven their ability in a short 3 years. Now the HUGE concern is, will they put the screws to the workers? There are severance packages and many retirees that deserve what they have worked for. When Cerberus bought GDX (for less than half its value at the time) it also bought the liability for GDX's retirees. Pensions and insurance for many. They have squeezed the retirees over insurance benefits since they bought the company, now what happens to them? What do you think they will do with Chrysler? I give them 5 years to destroy and sell the pieces of Chrysler. I hope the Country sees Cerberus for what they are and remembers it when they are planning a car purchase. Ford, GM, VW will get my business. Chrysler will never see another dime, and i plan to get rid of the 2 Dodge vehicles I have now. I hope everything works out for all of us and that people see what Cerberus is made of. Hopefully we won't see this happen to Chrysler too.
Shorebreak

Indianapolis, IN

#7 Oct 19, 2007
GDX Employee,

Cerberus also has corporate globalist Dan Quayle on it's Board of Directors. Like Clinton, Bush (both of 'em), Gore, and the rest of the corporate globalists, his loyalty resides in building a single global economy rather than a US economy.

That means that high paying US jobs must be eliminated and distributed equally to less developed foreign nations. There will be no global econpomy until the US economy is in parity with the rest of the world.

Cerberus is one of several corporate entities whose primary purpose is to carry out these goals. The fact that Quayle holds a leadership position is proof positive that the globalist traitors who have usurped our government are speeding up our destruction in order to accomplish their goals.

And they have the media in their pockets as well. Have you noticed that Indystar doesn't inform the public of this criminal deception? The Ryersons of this country are equally guilty of allowing this nation to be sold out from under us. In 50 years their grandchildren will be thanking them from a collectivist production line, operating according to UN guidelines for maintaining a controlled global population.
Protect yourselves

Brownsburg, IN

#9 Oct 20, 2007
Suck it up Wabash, there are options for you. Wal Mart, Target, Kroger, Marsh, lots of good companies with opportunities for hard working dedicated people. You could go back to school, too, don't forget that. There is money to pay for that. Good luck but no whining, if you guys were competitive they wouldn't have closed the factory. Go get competitive.

Since: Dec 06

Indianapolis, IN

#10 Oct 20, 2007
Maybe if we were'nt pouring billions of dollars down the sinkhole in Iraq we could be investing in this country and making jobs instead of letting corrupt capitalist private finance groups control our lives.
sonny

AOL

#13 Oct 20, 2007
It is unbelievable the fleecing of the American people by government and corporate America. Why do plant shut down before the Christmas Season? I've seen it time and time again.God Bless what's left of the middle class in America. Capitalist and Corporations....go to hell!!
HoosierBrian

Bloomington, IN

#14 Oct 20, 2007
Say What Now wrote:
Never fear shorty mitch is here to save the day with new jobs coming to a town near you SOON yes soon in the near future not far away just take that old money belt in a few more notches and wait you will see right after he is elected again for another 4 years.
Funny how idiots like you always seem to blame Mitch for bringing good, high paying jobs to Indiana.
Madman

Noblesville, IN

#15 Oct 20, 2007
If it cost too much to make things why would a company stay open, to MAKE JOBS. Its time for Americans to figure out nobody owes you a living and just because a plant was in a certain town doesn't mean it will always be there. Sure you gotta feel sorry for people getting laid off or let go, but you also gotta think of the big picture at all times. The world is changing, and it always has. What do you think the British thought about 235 years ago. Yes those pesky Americans will keep sending thier tax dollars here and we will keep collecting them. Now the world changes again. Jobs will go where production costs are lower or companies will close because they are not competetive. If you can't compete, you won't eat. Hoosiers seem to think things will always be the same. Time for a gut check and a look around. The world is catching up to us and leaving us in the dust, and their are a lot of people out there who are just coming into the consumer age and out of the survival only age. Companies that are smart and want to continue to make money see this. People who think Big Corporate America owe them something will be left behind.
I work at GDX Wabash

Oceanside, CA

#16 Oct 20, 2007
I read the replys and am somewhat ammused The average wage at GDX Wabash is $14.00 per hour wish it was 50 bucks people had better start noticing the move to foriegn sweatshops and the fact that imports are not tariffed because that is what is going to put American industry out of business.
I plan to go to school after this is over and am hoping for a meager severence package.I see the Canadians will get 16 weeks pay but i'm sure that we will not get near that if we get anything at all. This is a growing trend so keep an eye on your job it could be next.
I work at GDX Wabash

Oceanside, CA

#17 Oct 20, 2007
Nafta,Cafta,WTO, just other names for sweatshops and slave labor in places that cant do anything about it. Sure its good for the company they can go back to the practices that were in place long before Unions.But what about the men women and children that will be forced to work 14 or 15 hours a day for next to nothing in conditions most people wouldnt allow there pets to live in. I am not saying that the current union conditions are the best but i feel sorry for the people that will get my job for a couple of peso's a week
Madman wrote:
If it cost too much to make things why would a company stay open, to MAKE JOBS. Its time for Americans to figure out nobody owes you a living and just because a plant was in a certain town doesn't mean it will always be there. Sure you gotta feel sorry for people getting laid off or let go, but you also gotta think of the big picture at all times. The world is changing, and it always has. What do you think the British thought about 235 years ago. Yes those pesky Americans will keep sending thier tax dollars here and we will keep collecting them. Now the world changes again. Jobs will go where production costs are lower or companies will close because they are not competetive. If you can't compete, you won't eat. Hoosiers seem to think things will always be the same. Time for a gut check and a look around. The world is catching up to us and leaving us in the dust, and their are a lot of people out there who are just coming into the consumer age and out of the survival only age. Companies that are smart and want to continue to make money see this. People who think Big Corporate America owe them something will be left behind.
IPS graduates 52 percent

Marysville, OH

#18 Oct 20, 2007
sonny wrote:
Why do plant shut down before the Christmas Season?
It's a business, not a charity. Businesses exist to make money, not to make sure you have a nice holiday season.
IPS graduates 52 percent

Marysville, OH

#19 Oct 20, 2007
Madman wrote:
If it cost too much to make things why would a company stay open, to MAKE JOBS. Its time for Americans to figure out nobody owes you a living and just because a plant was in a certain town doesn't mean it will always be there. Sure you gotta feel sorry for people getting laid off or let go, but you also gotta think of the big picture at all times. The world is changing, and it always has. What do you think the British thought about 235 years ago. Yes those pesky Americans will keep sending thier tax dollars here and we will keep collecting them. Now the world changes again. Jobs will go where production costs are lower or companies will close because they are not competetive. If you can't compete, you won't eat. Hoosiers seem to think things will always be the same. Time for a gut check and a look around. The world is catching up to us and leaving us in the dust, and their are a lot of people out there who are just coming into the consumer age and out of the survival only age. Companies that are smart and want to continue to make money see this. People who think Big Corporate America owe them something will be left behind.
Very well said! Thank you.
Shorebreak

Indianapolis, IN

#20 Oct 20, 2007
Protect yourselves wrote:
Suck it up Wabash, there are options for you. Wal Mart, Target, Kroger, Marsh, lots of good companies with opportunities for hard working dedicated people. You could go back to school, too, don't forget that. There is money to pay for that. Good luck but no whining, if you guys were competitive they wouldn't have closed the factory. Go get competitive.
In other words "Too bad suckers! Move to China and learn what your future will be as part of a global economy!"

You communists who promote the sell-ou of America can kiss my a$$. You'll look around on your death-bed saying "what happened?", pretending that you supported our nation when in fact, you promote it's elimination by refusing to protect our domestic economy.
Gov Mitch

AOL

#21 Oct 20, 2007
Apply at Honda!
Protect yourselves

Brownsburg, IN

#22 Oct 20, 2007
Shorebreak wrote:
<quoted text>
In other words "Too bad suckers! Move to China and learn what your future will be as part of a global economy!"
You communists who promote the sell-ou of America can kiss my a$$. You'll look around on your death-bed saying "what happened?", pretending that you supported our nation when in fact, you promote it's elimination by refusing to protect our domestic economy.
Who said I was selling out? I'm a business man and a conservative, you idiot. I don't want government telling me how to run my businesses, and I dont' want my money paying for losers like you to sit around and whine about how the "chinese" took you poor wittoo jobs away.

Funny how all you rednecks want government to spoon feed you, until someone else gets the gravy. Cry me a river Billy Bo Bob.

If you all were willing to compete on wages, you would still have jobs. But you aren't, so they went away.

Don't like it, it's the American way! I'm doing fine because I went to school. Try it it will work out well for you. I bet you made fun of guys like me in high school. Who's laughing now!

Since: Dec 06

Peru, Indiana

#23 Oct 20, 2007
I'm not surprised, GDX has been hanging in limbo for several years. Wild rumors over the last year or so. But I think what really sucks is they decided to close it one month before Christmas.
GDX Employee

Marion, IN

#24 Oct 21, 2007
Cerberus did what they do - buy companys to "turn around" if they can't they close them. GDX Wabash paid a good living wage, had good employees, productivity and quality. Bad owners and product margin. Fact the Wabash Plant is 100 years old did not help Cerberus when they decided to sell. What a shame a better group than Cerberus did not get us when Cerberus won the sale a few years ago. Business moved out because Cerberus told the customers to take it. Good luck Chrysler employees.
I work at GDX Wabash

Oceanside, CA

#25 Oct 21, 2007
Protect yourselves wrote:
<quoted text>
Who said I was selling out? I'm a business man and a conservative, you idiot. I don't want government telling me how to run my businesses, and I dont' want my money paying for losers like you to sit around and whine about how the "chinese" took you poor wittoo jobs away.
Funny how all you rednecks want government to spoon feed you, until someone else gets the gravy. Cry me a river Billy Bo Bob.
If you all were willing to compete on wages, you would still have jobs. But you aren't, so they went away.
Don't like it, it's the American way! I'm doing fine because I went to school. Try it it will work out well for you. I bet you made fun of guys like me in high school. Who's laughing now!
Hope that was an in general statement doesnt sound like you know anything about GDX or what is happening there or why it happened. I will agree with one thing you said you went to school to make money so while you demand your employees take cuts or freezes it always seems management still gets their raises. Funny how our management might be forced to have to go to work with the employees. It will be funny when you cant learn chinese and will have to stand alongside Billy Bo Bob in the unemployment line
Protect yourselves

Brownsburg, IN

#26 Oct 21, 2007
I work at GDX Wabash wrote:
<quoted text>Hope that was an in general statement doesnt sound like you know anything about GDX or what is happening there or why it happened. I will agree with one thing you said you went to school to make money so while you demand your employees take cuts or freezes it always seems management still gets their raises. Funny how our management might be forced to have to go to work with the employees. It will be funny when you cant learn chinese and will have to stand alongside Billy Bo Bob in the unemployment line
I work with facilities in Mexico and Mainland China, actually. I speak Mandarin, a good amount of Cantonese and Spanish. French and German too. I'm not worried, there is always work in my field and I'm an experienced multi-lingual manager.

We do what we do. If you don't like it you can always go better yourselves. Frankly, if Americans competed globally the jobs would be here. The reality is that US workers don't even touch the level of work I see coming out of Mexico and China and cost a lot more besides. There are always some bad eggs but anyone will tell you that American Cars, for example, were junk until Toyota and Nissan handed our a55es to us! Better quality and cheaper too, what do you really expect a responsible manager to do?

The point is, if it makes business sense to stay, we will stay. If not, beat feet and get a new job.

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