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Olin is moving its Winchester plant from the East St. Louis area to Mississippi. The union was worried about management's cost cutting offer that would cut their 401Ks and vacations and freeze wages. Well, no worries now, the jobs themselves are going away. At least they are staying in the US. I feel bad for the workers there, but it is pretty clear they made it easy for the company to pull the trigger. It will hurt the area I know that. No doubt it will help Miss.
http://finance.yahoo.com/news/Winchesters-Centerfire-iw-2235996390.html?x=0&.v=1
http://www.ksdk.com/news/local/story.aspx?storyid=225118
http://finance.yahoo.com/news/Winchesters-Centerfire-iw-2235996390.html?x=0&.v=1
http://www.ksdk.com/news/local/story.aspx?storyid=225118