Monday, September 20, 2010

Monday Business & Jobs Update

- The End of An Era: Products at the Louisville Assembly Plant are meeting the end of their production cycle. The last Mercury Mountaineer will be built September 28th, the last Sport Trac on October 29, and the end of the truck-based Ford Explorer is scheduled for December 16th, 2010. These were good products that made a good living for employees. Good luck to those still working at LAP, and best wishes for a new product soon.

- FedEx, after announcing quarterly profits have doubled, says it will be permanently laying off 1700 workers and closing 100 facilities across the country. [Business First]

-  From The Local Weekly: The former H&S Hardware store on Dixie Highway is being renovated for a new tenant.  Advance Auto Parts will soon occupy the building.  The auto parts chain replaces the dirty "Peddler's Mall" that recently closed.

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