One of the biggest plastic producers in the state, New York Plastic Inc., made the startling announcement on Monday that it would be closing its Buffalo, New York, facility and moving to Orlando, Florida. Over 500 employees will be let go by the end of the year as a result of the decision.
Motives behind the Move
The company said in a press release that the move is part of a plan to cut costs and make the business more competitive in the global market. The company said that its choice was affected by several things, such as
1.) New York’s strict rules and high taxes make running a business efficiently and successfully difficult.
2.) The company can’t be as flexible or come up with new ideas because of rising labor costs and union expectations.
3.) The bad weather and old facilities, make construction and transportation more expensive.
4. The rising demand and business possibilities in the Southeast, especially in Florida, has a better business climate and more customers.
Effects on the Community and Workers
The community and employees were taken aback by the revelation because they had not been made aware of the company’s intentions in advance. Many employees vented their resentment and fury, claiming that they had been duped and left behind by the corporation they had worked for for many years.
“After fifteen years of employment, this is the way they pay me back? They simply discard us as though we are trash. At my age, how am I going to find another job? said machine operator John Smith.
The local economy and environment will suffer as a result of the relocation. One of the biggest employers and taxpayers in the region, the factory’s shutdown will result in a significant reduction in both revenue and services. In addition, the manufacturing generates a lot of waste plastic that needs to be recycled or disposed of responsibly and safely.
Also Read: This City Has Been Named the Most Corrupt City in America
Conclusion
The employees of New York Plastic Inc. in Buffalo have suffered greatly as a result of the company’s relocation; they will now have to deal with the fallout from losing their livelihoods and careers. The corporation argues that change is required to succeed in the global market, but a lot of people disagree, saying it is a self-serving, short-sighted choice that disregards the consequences to society and the environment. In addition, the move begs the question of what the US and New York’s industrial sectors will look like in the twenty-first century, as well as what opportunities and problems they will face.