It might be worth noting that sometimes companies, when issuing press releases about sensitive topics such as facility closures, tend to lay the blame upon the easy whipping boys of labor, tax, and environmental laws, none of which tend to get the full-throated defense each deserves and are easy boogeymen, rather than telling sometimes very hard truths about the true reasons behind their relocation.
That isn't to say that some companies don't move due to those reasons but, often times, the reasons are much more complex and, occasionally, more sordid. It costs a TON of money to relocate, rehire, retrain et cetera. It is a serious commitment that few companies undertake without serious thought and more than one or two, rather simplistic and rather tired and clichéd, major contributing factors.
Does anyone honestly believe that a company would say, "We are moving so we can afford to buy back more shares" when they could simply lay the blame for lost jobs on something easy like taxes, those evil and greedy unions, or those damned environmentalists and their regulations?
Conrail and CSAO (and more than one shortline I can think of) play their own parts in driving away business, but it is mainly because, in Jersey as well as all of the older industrialized states, there is an overwhelming amount of industrial property that simply does not fit in with today's management models (like "5S" and others) and modern logistics trends. rr503 pretty much hit the nail on the head.
That isn't to say that some companies don't move due to those reasons but, often times, the reasons are much more complex and, occasionally, more sordid. It costs a TON of money to relocate, rehire, retrain et cetera. It is a serious commitment that few companies undertake without serious thought and more than one or two, rather simplistic and rather tired and clichéd, major contributing factors.
Does anyone honestly believe that a company would say, "We are moving so we can afford to buy back more shares" when they could simply lay the blame for lost jobs on something easy like taxes, those evil and greedy unions, or those damned environmentalists and their regulations?
Conrail and CSAO (and more than one shortline I can think of) play their own parts in driving away business, but it is mainly because, in Jersey as well as all of the older industrialized states, there is an overwhelming amount of industrial property that simply does not fit in with today's management models (like "5S" and others) and modern logistics trends. rr503 pretty much hit the nail on the head.
Be well. Do good work.
Semperfidelis
Semperfidelis