Pepsico to close Gatorade plant in Pryor

[z28james]

Anyone have any thoughts on this or know anyone who works there? Did they see this coming?

Pepsico to close Gatorade plant in Pryor
By The Associated Press The Oklahoman
Published: February 18, 2010

PRYOR — Officials with Pepsico Inc. are announcing plans to close the company's Gatorade plant in Pryor.
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PepsiCo spokesman Pat Burke said in a news release Thursday that the company has tried for the past year to keep the plant in open — but the sluggish economy is forcing it to close.

The release said the plant is to shut down in about three months. About 100 employees will be affected.

Burke said all employees will be given three months and one week of full pay and benefits. Pepsico will also offer other assistance that includes outplacement services and counseling for employees and their families.

Read more: NewsOK

[adaniel]

Wow, between this, the Halliburton announcement, and the weak earnings of CHK, this has not been a good 2 days for Oklahoma business.

It stinks for Pryor, which is actually a really nice small town, but they should have seen this coming. Everytime that place has been in the news it has been on some sort of rolling shutdown.

[bluedogok]

This is just another case of incentives running out and the company moving onto the next corporate whore. That is why throwing incentives at corporations to locate/relocate is most of the time nothing more than an exercise in futility

[bradzilla]

This is just another case of incentives running out and the company moving onto the next corporate whore. That is why throwing incentives at corporations to locate/relocate is most of the time nothing more than an exercise in futility

agree 100%.

[mugofbeer]

Just another reason we need more home grown and state-based businesses.