Remember when the Republic Windows owners skipped town to open a new plant in Iowa without covering their Chicago workers’ severance pay and unused vacation days? Well, that experiment didn’t last long. The AP explains:
A window manufacturing company in Red Oak is closing, eliminating 100 jobs.
Echo Windows LLC says it’s ceasing operations on Monday.
In a news release on Sunday, the Chicago family that bought the plant last year blames the economy.
Maybe Mayor Daley will entice them back to Chicago with another loosely-enforced TIF agreement ...
(H/T Gapers Block)
UPDATE (2/24): More from the Chi-Town Daily News.
Comments
Hugh (not verified) on Tue, 02/24/2009 - 11:15
this is heart-breaking
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