Monday, December 1, 2008

Monday, This Is What We're Up Against

This never should have happened.

Based on Milwaukee's northwest side, the company makes rail cars for freight railroads and commuter rail systems.

"In the past few months, we have seen dramatic and unprecedented reductions and cancellations of orders by our customers in the freight locomotive, transit and transportation sectors of our business," the company's statement said. "Without substantial new orders, we cannot sustain the employees at the plant beyond the time frame outlined above."

It seems crazy that a business like this could be going under right before demand could kick in.

2 comments:

Morgan Wick said...

They need a bailout.

What?

meghan...or is it? said...

It's ironic that a Milwaukee company makes commuter rail cards when politicians in our region have been beyond resistant to the idea.