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GM Collapse Would Devastate Ohio Village

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GM Collapse Would Devastate Ohio Village

Economy

GM Collapse Would Devastate Ohio Village

GM Collapse Would Devastate Ohio Village

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IF GM were to fail, one of the hardest-hit towns would be Lordstown, Ohio, which relies on GM-related tax revenue for 70 percent of its $4.2 million budget.

The town got good news in the summer when it learned it would be the site for the Chevy Cruze in 2010 and added a third shift of workers. Last week, however, 1,100 layoffs were announced and the concern now is whether GM will be in existence to make the Cruze without a bailout.

Mhari Saito reports for member station WCPN.

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