Wednesday, July 9, 2014
Inquirer Daily News

NY politician blocks 850 jobs from moving to South Jersey: report

Sen. Charles Schumer says work belongs in Syracuse, not Moorestown

NY politician blocks 850 jobs from moving to South Jersey: report

"Lockheed Martin Corp. this week abandoned, at least for a year, a secret plan to close its plant" in Salina, N.Y., "and transfer its 1,700 employees to other locations," including 850 to Moorestown, Burlington County, N.J., reports the Syracuse Post-Standard here.

"A draft plan to shut down Central New York's largest for-profit employer was on track to be finalized in the next two weeks, according to three sources familiar with the proposal. But those plans were tabled Tuesday by Lockheed Martin CEO Marillyn Hewson under pressure from U.S. Sen. Charles Schumer.

"Schumer, D-N.Y., in an interview Wednesday, confirmed that he spoke with Hewson, but he declined to disclose details of their private call. Schumer would say only that Hewson told him the Salina plant will not be closed or see mass job losses in the next year, and that there are no existing plans to implement the cuts in the future. The senator said he was pleased with the promise...

"A Lockheed Martin draft business plan reviewed by The Post-Standard confirmed that the company was considering a consolidation plan that would have closed the plant at Electronics Park in Syracuse's northern suburbs. The document, and two Lockheed sources, indicated the company was planning to move about 850 workers to Moorestown, N.J.; about 280 to Owego, N.Y.; 200 to Manassas, Va.; 36 to Clearwater, Fla.; and 24 to Baltimore."

Joseph N. DiStefano
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PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at or 215 854 5194.

Joseph N. DiStefano
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