Tuesday, June 30, 2009

A Venture Lost


Nummi (New United Motor Manufacturing Incorporated), Toyota and GM's joint venture auto-plant located in Fremont, is losing it's yang. After failing to produce a future product plan for the factory, GM has announced it is leaving the plant due to a series of turbulent transitions the company has endured in the past year. What does it mean? Thousands of Bay Area workers will be losing their jobs. Coming soon to our Economic Edge segment, we will be providing resources and information for those who have recently become unemployed. In these trying times, consider pragmatic optimistism.   

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