Economic Development Futures Journal

Friday, October 14, 2005

counter statistics

Delphi Puts the Pinch on the States

Michigan Gov. Jennifer Granholm told Delphi Chairman and CEO Robert “Steve” Miller during a half-hour, private meeting yesterday that her administration will work hard to keep Delphi jobs in Michigan.

My advice to Gov. Granholm and the governors of all states providing a "home" to Delphi facilities is: 1) to remind Delphi officials what their states have ALREADY given to the corporation and NOT gotten in return; 2) if you decide to give away more, draw up air tight agreements with the company that says they must pay back the money they are given no matter what.

Delphi has known its troubles were coming for a long time and they have taken the easy road out the whole way. This is a company that needs to be restructured to align with global competition. The cuts should start at the top and proceed downward.

Read more here.

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