The tax payers will be paying to clean up the contamination to the property there.
Thanks again Obama and all the Obama supporters. Like lambs being led to the slaughter...
Pile this on the fact that Invista (formerly Cape Industries on Hwy 421) is also closing and laying off over 300 employees, this is a real shock to the local economy. Extrapolate the ramifications of these two facilities closing, and this adversely affects thousands of families in the Cape Fear area. This has more to do with the polyester market, rather than local politics. International market is flooded with polyester chip, staple fiber and resin capacity, so it is no surprise that market prices have dropped to a level that small capacity operations like these two facilities cannot operate on a profitable basis. You have to have a serious market share and huge manufacturing capacity to remain a legitimate player in this game.
. . . and I think it's very sad that these people at DAK will lose their jobs. So what's your point???
I think this is terrible these people have families to support. There is not enough jobs in the area for the 600+ employees that are going to be out looking. The government is going to be putting out a lot of money to help out in the support of these people.
I think it is great for the area that DAK America is closing down goodbye and good riddance.
that you are also a member of stop titan.