These Will Still Be Coming From Timmonsville For A While....
After a few months of paranoia, the official word finally came out on Friday. The Honda ATV plant in Timmonsville will once again be cranking out those little 4-wheelers that America loves so much - and a month earlier than originally expected.
Ever since they stopped production in January, the rumor mill has been ablaze with ..... uh, rumors. The plant was closing, and QVC was going to lease the building. Yeah, right.... They distribute here, not manufacture. Here's what really happened...
Like most plants, they had excess inventory, so they stopped making them for a bit. But, they had the foresight to see that times have changed, and that they don't , and may never again, need all the employees they had. So, rather than layoff half the employees, they gave them severance packages - to the tune of a year's salary. Pretty generous if you ask me. Over 800 employees took the package, which is what I would have done. That put them back at the staffing they needed, and they're ready to start production again - and at a profit. And people wonder why GM loses money....
So, the plant is back, and I for one am very relieved. if it weren't for that ATV plant, I'd probably be destitute....
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1 comment:
Mike, you'd have to shave your legs and use lots of make up to be a destitute... NEVERMIND!
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