250 Dresser-Rand workers to lose jobs with plant closing in Western NY

[Madmallard]

As many as 250 workers could lose their jobs at Dresser-Rand Corp.'s plant in Wellsville within two years, after its German parent company agreed to sell one business to Curtiss-Wright Corp. and shift its remaining functions there to North Carolina.

The loss of the plant is a major blow to the largest town in Allegany County, where the plant has been a major employer for more than a century. It's part of a trio of Southern Tier facilities that Dresser-Rand owns and operates, in addition to plants in Olean and Painted Post that are not affected by the closure announcement.

250 Dresser-Rand workers to lose jobs with plant closing in Western NY

 

[SmallGameAddict]

As many as 250 workers could lose their jobs at Dresser-Rand Corp.'s plant in Wellsville within two years, after its German parent company agreed to sell one business to Curtiss-Wright Corp. and shift its remaining functions there to North Carolina.

The loss of the plant is a major blow to the largest town in Allegany County, where the plant has been a major employer for more than a century. It's part of a trio of Southern Tier facilities that Dresser-Rand owns and operates, in addition to plants in Olean and Painted Post that are not affected by the closure announcement.

250 Dresser-Rand workers to lose jobs with plant closing in Western NY

Well that sucks. When Remington goes bankrupt, Ilion will cease to exist.

 

[stuck in ny]

Fuck NC. That reminds me, when I become dictator, I will find out where every last desk and plane from Griffiss went and plaster the area with powerlines and garbage dumps.

 

[Robin]

 

[C3D]

 

[Burzum]

This sucks for those workers, de-industrialization of America has killed the middle class over the past 40 years.

This one cannot be directly blamed on unfair trade policies but surely globalization plays a role, the more these companies become assets of foreign entities, the easier these decisions are to make.

 

[Acer-m14]

this is what you get for giving businesses taxpayer $$$$ for funding ... FUAC .. go get a bank loan if you have a Biz plan

I need a new car/truck / home for a home biz .. where is my free $$$$ from taxpayers

 

[Grimscale]

I thought the economy was getting better? Isn't that what Trump has been touting?
Yet all I read is that companies are laying people off. Including the one I work for.
What is going on?

 

[Robin]

I thought the economy was getting better? Isn't that what Trump has been touting?
Yet all I read is that companies are laying people off. Including the one I work for.
What is going on?

New York!
Robin