Ratheon in Riverside just laid off 90 union employee's.
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Because of the California Environmental regulations, it increases cost for Aerospace and Defense to do business. Also, rumor has it the tax incentives for the defense industry were taken away a while ago. Thats why much of the major defense contractors have moved their HQs from LA to Texas, Seattle, etc and moved to manufacturing to Texas, Alabama, and Mississippi. Companies were offered tax incentives to move operations to those states.
I'm sorry to say this but if you're in Cali you're Sc$#&ed.
Collins Aerospace is shifting its Anaheim refrigeration operation to Lenexa, Kansas, in a move that will put an estimated 200 employees out of work.
In a recent Worker Adjustment and Retraining Notification sent to the state, the company, which makes and services systems for commercial aircraft, said the initial layoff of 155 workers will begin Aug. 21 and be completed within two weeks.
Riverside, California? Heard they were Collins folks. About 120 union employees and they received a piss poor package to boot. Make no mistake the cream on top of this soup of c-ap are raking in billions while the rest of us suffer.