Closings at 3 Diez plants to leave 352 jobless (auto supplier)

Source: Detroit Free Press

Closings at 3 Diez plants to leave 352 jobless
Some turn down small severance
BY BRENT SNAVELY • FREE PRESS BUSINESS WRITER • OCTOBER 25, 2008


Layoff notifications filed with the state of Michigan show that 352 employees will lose their jobs as Diez Group winds down operations at three plants that are part of Lapeer Metal Stamping, a supplier of metal parts to the automotive industry.

Diez Group told employees in early September that it plans to close three stamping plants. At the time, the company did not say how many would lose their jobs.

The layoff notifications filed with the state show that a plant in Lapeer employed 106, a plant in Sebawing employed 159 and a plant in Dearborn employed 87.

Darryl Bragg, vice president of UAW Local 9699, said employees are getting little in the way of severance. Employees at the Sebawing plant accepted a package that provides one month of health insurance but no additional payments or benefits; employees at the Lapeer plant voted down a similar offer Sept. 30.

Read more: http://www.freep.com/article/20081025/BUSINESS06/810250314

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Enjoy your stay -- it will be very, very short. You've probably already set a record for alerts.

Ask your wife...

Purposely destroyed the unionized work forces that made the auto makers and their ancillary industries BILLIONS in profits, and helped to build a manufacturing colossus that was the envy of the world.

But billions weren't enough for them.

If you take solace in the fact that people are losing good-paying jobs, you don't understand the basic underpinnings of our economy. It is a downward spiral that is fiendishly difficult to stop.

Those workers stop buying goods and services. More people get laid off, and they stop buying. It spreads like a shock wave through the economy. Sooner or later, it will affect you personally.

I hope you never lose your job, if you even have one.

But, it also may just be a matter of time anyway.

well i know of a place that buys their metal stampings from india. it`s hard to compete against slave labor and no pollution controls.

welcome to the new america...a second world country

and this is how they are repaid.