Quantcast
Channel: GM
Viewing all articles
Browse latest Browse all 15

Moraine Makes Economic Headway in Former GM Plant

$
0
0

Following GM’s pullout of the Moraine Assembly plant, the city lost residents, and an estimated 40 to 50% of its revenue. Five years later the city is working hard to revive Moraine’s economy.  

Moraine’s big revenue losses came as a result of losing GM, Delphi and a number of smaller auto parts contracting businesses. To try and compensate for the losses, the city took a number of steps to curb expenditures – Some city employees were laid off, furloughs were implemented for others, and the water park – Splash Moraine- was closed. 


Viewing all articles
Browse latest Browse all 15

Trending Articles