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Economy and Business


Lockheed closure catches state officials off guard
Lockheed Martin's final decision to close its Akron facility came quicker than anticipated
Story by KELSEY LEYVA


 
Kristi Tanner, managing director for manufacturing for JobsOhio, says Lockheed didn't request any type of incentive or financial support to keep its Akron facility open.
Courtesy of JobsOhio
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The announcement Thursday that Lockheed Martin is closing its Akron facility and eliminating 500 jobs caught state officials off guard.

Lt. Gov. Mary Taylor says the state heard in October that the Akron facility might be affected, but the speed of the final decision caught officials by surprise.

Kristi Tanner is the managing director for manufacturing for JobsOhio, the state's public-priave partnership. She says the company didn’t give the state the chance to develop incentives to keep the Akron facility open.

LISTEN: Kristi Tanner on Lockheed's decision to close its Akron facility

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“There was not a request for any type of state incentive or local incentive or financial support to try to do that. It was something that we offered in terms of: Is there something that we might be able to do and (then) started to think through what kind of support could we offer.”

Lockheed Martin says that federal government budget cuts contributed to its decision to consolidate and close six facilities nationwide.

These closures will impact 4,000 jobs. Lockheed has cut 30,000 positions since 2008. 

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