Panasonic is shutting down and laying off 500, by consolidating into a plant in Mexico.
Though I don’t know about relations between the current mayor and the company, my understanding is the former mayor tried to get the company to pay for several hundred thousand dollars of traffic improvements to Hwy 74, even though they weren’t expanding operations that had been in place for over a decade. The company threatened to pull out then, and relations with the city were strained. A lot of neighbors in subdivisions bordering on the industrial plant have had a serious case of the NIMBY’s, as well. Photocircuits, formerly the county’s largest private employer, also sits empty. The planned community on the southside needs to do some quick planning to figure out how to support it’s industrial tax base if they want to continue to pay for golf cart path upkeep.