"GM closing Dayton-area assembly plant" Business First of Columbus

Link: GM closing Dayton-area assembly plant
Business First of Columbus
June 3, 2008

General Motors Corp. will close its Moraine assembly plant by 2010 or sooner, GM Chairman and CEO Rick Wagoner announced early Tuesday.

The move likely will cost at least 2,400 Dayton-area jobs and affect other companies in Ohio, home to about 130 suppliers to the Moraine plant.

Speaking at the company's annual shareholder's meeting in Delaware, Wagoner cited a consumer shift away from trucks and sport-utility vehicles because of high gas prices. GM (NYSE: GM) is closing three other plants in North America as a result and shifting much of its production toward cars and hybrid vehicles...