Hyundai Rotem will write the final chapter of an unhappy Philadelphia story when it closes its railcar plant later this month.
The South Korean company is vacating its 300,000-square-foot factory on Weccacoe Avenue in South Philadelphia where it has been for 10 years.
Starting in 2009 Hyundai built 120 Silverliner V EMU commuter cars for SEPTA, and later performed car refurbishments for the agency through 2016. The Silverliners were plagued by faulty welds requiring repairs, leading to operations problems for SEPTA.
The facility employed as many as 300 workers, and will close for good at the end of August.
China’s CRRC Corp. recently won out over Hyundai for a $137.5 million SEPTA contract to build new bilevel cars.
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Also when you tariff steel, those extra charges get passed down to us, the consumer. If the product is exported to say, China, count on an additional tariff from them. Trump saved 1,000 steel jobs and killed off 400,000 jobs in other industries (nails, automotives) because he cant grasp the complexities of a global economy.
ReplyDeletePlagued by faulty welds? Philadelphia is a union town and I would bet that was a union shop and if that's the case then you can blame those faulty welds on the union for not training their members properly.
ReplyDeleteUnions of Philly killed the company before Trump tarriffs went into effect. Poor quality and high taxes were also the factor in this closure. I bet those Liberal Union Bosses got their golden parachute bonuses before the company folded.
ReplyDeleteOh, sorry, you’re Communists, we aren’t allowed to conduct business with you. We should make them ourselves except our communist unions quality sucks so bad we have to outsource.
ReplyDelete