When GM went into bankruptcy, people had their money on Saturn going to die. The odds changed a bit when Roger Penske was in talks to buy Saturn. But, in a cruel twist of fate, Saturn was condemned to death by a bunch of executives in France. They vetoed Carlos Ghosn’s idea of supplying Penske with Renault cars for the Saturn brand. The death of Saturn meant that its manufacturing plant in Spring Hill, Tennessee, would join Saturn in the grave. And so it did, along with 800 people who lost their jobs. Suddenly, there is the proverbial glimmer of hope for those 800 workers and the economy of Spring Hill.
WSMV-TV of Nashville reports that Ed Whitacre, CEO of General Motors, has been making noises that idled plants may be brought back online. One out of two, possibly. One is in Janesville, Wisc., and the other Spring Hill. So will Spring Hill be resuscitated? Most certainly, if you believe Mr Mike Herron, chairman of the UAW Local 1853. “We are doing everything we can to get our members back to work here very quickly,” he said, “Spring Hill, by far, is the plant that is ready to go the quickest. It has the newest equipment and it has a work force that is trained and ready to build product.”
The plant manager in Spring Hill issued a more sanguine statement about the prospects for a Spring Hill revive y’all: “At the end of the day, it really comes down to what the market does and if more capacity is needed.”
Oh more capacity is needed, definitely. After all, Hertz, Avis et al can’t buy your cars quick enough!
Yes, yes! It WAS a cheap shot, but the prospect of a double-dip recession means “cheap” is all I can afford! Why do you think I’m working here?