Hyosung to close tire cord plant in Scottsville
Published: November 25, 2009
SCOTTSVILLE — Hyosung is closing its tire cord plant in Scottsville by the end of January.
Plant manager Roger Hutchins attributed the shutdown to the slumping economy and pressure from global manufacturers.
The plant’s 106 workers were notified of the shutdown Tuesday.
Scottsville Mayor John R. Snoddy IV says the plant has provided good jobs and a sense of pride and accomplishment to the area for many years.
Charlottesville Regional Chamber of Commerce President and CEO Timothy Hulbert says the plant is a significant employer in the region.
According to the Scottsville Museum, the Defense Plant Corporation built the facility in 1944. Hyosung acquired the plant in 2002.
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Reader Reactions
More good manufacturing jobs lost due to our corrupt politicians. Both Democrat and Republicans have failed to protect us from letting foreign low wage products into the country destroying our economic base.
I wonder how many unemployed are driving to the unemployment office in their foreign vehicle?
How many more jobs have to be lost before our politicians wake up and do something? “Pressure from global manufacturers”...i.e. cost of doing business in the US is too high! I wonder if this was a union plant?
-Amazing
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