Officials say aerospace firm Lockheed Martin is cutting 550 jobs at its metro Atlanta plant as production of its C-130 aircraft slows.
The Atlanta Journal-Constitution reports (http://bit.ly/OxikKP) that the move was announced Wednesday but is already under way.
Lockheed spokesman Peter Simmons said the cuts at the Marietta plant were needed because production of the latest version of the plane, the C-130J, has plunged by one-third from 2011 to 2013.
Simmons says the company will use retirements and attrition to account for some of the job cuts, with the rest accomplished through layoffs.
Workers at the Marietta plant produced 36 C-130Js in 2011 to meet the U.S. government's demand, but that number dropped to 32 this year and is set to fall to 24 per year starting in 2013.
Friday, May 24 2013 4:02 AM EDT2013-05-24 08:02:00 GMT
A North Carolina dairy company is voluntarily recalling some ice cream that doesn't identify possible allergens because the product is packed in the wrong containers.
A North Carolina dairy company is voluntarily recalling some ice cream that doesn't identify possible allergens because the product is packed in the wrong containers.
Thursday, May 23 2013 7:31 AM EDT2013-05-23 11:31:33 GMT
You've probably been to a yard sale or two in your life, and you might have found some great deals. But would you know how to get the most out of your own yard sale?
You've probably been to a yard sale or two in your life, and you might have found some great deals. But would you know how to get the most out of your own yard sale? Good Day's Tacoma Perry talked to an expert who shared some great tips for how to make your yard sale a huge hit.
Wednesday, May 22 2013 12:39 PM EDT2013-05-22 16:39:03 GMT
Gov. Nathan Deal says a company based in Dubai plans to build a manufacturing plant in Murray County with the goal of creating 200 jobs over the next three years.
Gov. Nathan Deal says a company based in Dubai plans to build a manufacturing plant in Murray County with the goal of creating 200 jobs over the next three years.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...
