The pain of manufacturing's decline continued for Western New York this year with the bankruptcy filing by Delphi Corp. The Chapter 11 filing in October brought home the dire challenges facing the U.S. automotive industry, and sent a cold shiver through the 3,800 workers at the company's Thermal Systems plant in Lockport.GM and Delphi are intertwined, so trouble at either company will affect the other.The retail landscape saw dramatic changes, with the opening of Lowe's and Kohl's stores in the region, the blockbuster purchase of May Department Stores Co. by longtime rival Federated Department Stores, and the purchase of some Saks stores by The Bon-Ton.....
We are unable to display this entire news item because this article's licensing expires after a certain amount of time. This article was originally published by Buffalo News and it may be available at their website. Sorry for the inconvenience.
Car Insurance News: Delphi Bankruptcy Heads the List ; Lowe's and Kohl's New Stores Bring Dramatic Changes in Retail Landscape...Get an auto insurance quote!