New Business opens in Detroit

[1953]

Great news, but I thought it had been covered already. There were several prior announcements about this development.

It's also less exciting to attract old economy auto supplier jobs than to attract fewer, new economy jobs.

I did think it was funny that the Faurecia rep said he was glad to bring a taste of France to Detroit, as though he were unaware of our heritage as a French city.

[DetroitPlanner]

It's also less exciting to attract old economy auto supplier jobs than to attract fewer, new economy jobs.

Manufacturing is still the dominate part of the regional economy. Its part of the catch 22 we find ourselves in: Do we go after new business sectors or do we keep the ones we know we do well? I vote for both.

[corktownyuppie]

Manufacturing is still the dominate part of the regional economy. Its part of the catch 22 we find ourselves in: Do we go after new business sectors or do we keep the ones we know we do well? I vote for both.

Agreed. Both is the only way to go. It's absurd to think we're going to abandon manufacturing. It's also absurd to bet the farm on it being here forever.

[TKshreve]

I saw a news report on this where they interviewed a few people who were recently brought on board with this company. The feedback they provided was borderline comical.

The general consensus was that this plant opening was a symbol that Detroit was returning to a job creation environment and that it signified that "things were turning around in the city".

Not to be too cynical, but is 600 jobs finally returning to Detroit really foreshadowing of things getting better? In an economy that could slash 100x that next week on the flip of an executive wrist?

Maybe we should be looking at details like:

Why did this company open it's doors in Detroit? What spurred it?

Was there an economic advantage to this opening?

Who owns it, and what else do they already own?


Just trying to be a realist. Don;t think I don't appreciate the creation of jobs. I just want to put it into the bigger picture.

[DetroitPlanner]

Not to be too cynical, but is 600 jobs finally returning to Detroit really foreshadowing of things getting better? In an economy that could slash 100x that next week on the flip of an executive wrist?

Better than 600 leaving for Mexico, Canada, or Korea!
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