Volvo Powertrain to "Idle" 59 More Workers

June 19, 2008

 

HAGERSTOWN — The Volvo Powertrain plant in Hagerstown laid off 59 workers this week as the heavy-duty truck market continues to skid, officials said Wednesday.

The layoffs, effective this past Monday, are in addition to the 99 workers idled here in April.

The two furloughs reduce Volvo’s work force at the local plant, which makes engines and transmissions for Mack and Volvo trucks, to 1,278 employees.

The Herald-Mail

Volvo Powertrain is going to “idle” 59 more workers this week as the economy continues to falter during what is now essentially a recession. Between rising fuel and food costs, the demand for large vehicles, construction equipment and large trucks just isn’t what it used to be which makes sense. But how one of Hagerstown’s largest employers will weather the rest of the storm is an important question that has yet to be answered. Hagerstown is built on these types of businesses, especially since the rail yard was dismantled decades ago. Hagerstown needs these businesses to continue the renewed growth that we have seen over the past several years. The money that these workers spend in town help revitalize the downtown area, clean up the old industrial complexes that no longer are in operation and ensure that Hagerstown’s cultural growth continues into the future. I hope that Volvo can find someway to continue their operations well into the future as losing these employers hurts the town, the people and the companies.

Entry Filed under: Hagerstown, Organizations, Technology, Washington County, business, economy. Tags: , , , , , , , , , .

Leave a Comment

Required

Required, hidden

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Trackback this post  |  Subscribe to the comments via RSS Feed


Authors

Links

Yes We Can!

And so, my fellow Americans, ask not what your country can do for you; ask what you can do for your country.

Change is the law of life. And those who look only to the past or present are certain to miss the future.

I look forward to a future in which our country will match its military strength with our moral restraint, its wealth with our wisdom, its power with our purpose.

Say it:

Yes We Can!
Yes We Can!
Yes We Can!

Calendar

June 2008
M T W T F S S
« May   Jul »
 1
2345678
9101112131415
16171819202122
23242526272829
30  

Tags

Category Cloud

baseball business Dumb People economy education Frederick County Games Hagerstown Health Care herald mail humor International Machines Mail Call maryland military New Hampshire Organizations people Politics school Site Changes Special Events Sports Technology Warren the Dog Washington County Weird West Virginia

Archives

Photos

Casco Bay in Portland Maine

Casco Bay in Portland Maine

Casco Bay in Portland Maine

Casco Bay in Portland Maine

Casco Bay in Portland Maine

More Photos

RSS Brack Obama 2008 Blog

Page Rank

Google PageRank 
Checker - Page Rank Calculator