Comments on: Stinger Welding to Close Libby Plant
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By GATE on 02-09-13 @ 10:34 am
It’s been several years since this economy has created real wealth, as opposed to the easy credit induced Real Estate market through 2007 or paper wealth which has accelerated over the last 4 years.
This unproductive, expanding Super Bubble has spawned malinvestments in communities like Libby
with the Stinger plant. This ‘Hot Money’ flowing from the FED has been pouring into ill conceived
enterprises that are in the wrong places, producing the wrong things…..This is not going to end well!
By hotfishmt on 02-09-13 @ 9:04 am
The state needed to be involved to keep the locals from making mistakes & granting such drooling awards. Desperate Libby went beyond their abilities to attract new business.
Since Bacus got the firm a $17,000,000 contract/award….maybe he ought to man up & fix the
mess so the rare jobs can be kept in Libby. Moving to Arizona will only make their problem
worse, as I doubt they can handle the relocation costs & add to the AZ facilities problems,
which also another story on the web says in danger of closing.
By Fast on 02-08-13 @ 11:01 pm
Sad LIBBY and others fell for the BS from boy from AZ. Next time maybethey ( Libby ) need to make sure promises aren’t from some nickel and dime
outfit.
By xcav8orr on 02-08-13 @ 8:00 pm
Did Commissioner Berget comment on the decision to place Stingers 105,000 sq. ft. building so that it mirrors the Commissioners private property and shares a property line? Somehow he comes
off as insincere in his remorse at Stinger leaving.
The views expressed in the comments section do not reflect those of the Beacon.