Fremont economy may be in trouble

The future of the largest employer of the Alameda County, NUMMI, a join venture from GM and Toyota is in question. By the end of this month they will decide whether to continue this plant or not. Toyota used this plant for 25 years to build Corolla and Tacoma. They are going to shift the production of Corolla to Canada and Tacoma to Texas. So if you have 2010 Corolla that will be last from this plant. All 2011 production will be going to the other site. The main reason could be the fact that this plant never went profitable.

NUMMI is the largest commercial employer in the Alameda County, it has around 1000 supplier in California only. Even though they employed 5000 employee but there are 50,000 jobs related to this plant. This Christmas will not good for many folks living here in the valley.

This tells us how expensive is to do business in California. Closure of this plant will certainly impact the local economy. Let us see what Arnold do about this!