New Plant

" One of the big issues was found last night and the election of the economy and jobs and on the job hunt today in fact finding one city whose. Skilled labor force and business environment attracting a big for an investor. Welcome news in Syracuse, New York were recorded the Bureau of Labor Statistics. 45300. People were working in manufacturing back in 1999. Out ten years later that has fallen 29300. People. A loss of 16000. Jobs in a decade in one town. David Lee Miller is on the ground there live in Syracuse new York daily good morning to you. -- also accuses bearing in this difficult economy."

" But interestingly after those very dire statistics you just gave. Syracuse is actually faring pretty well the unemployment rate here is about eight point 1% according to the most recent stats. And that's better than the national average. And the average for New York State. Right now I'm speaking to youth from what was once a General Motors Fisher body plant. It is an enormous building it was over one million square feet it has now been divided up seventeen different tenants occupy this building. One of which is a company called -- role that we are in their facility right now this bill this is the interesting part of this story is a German based company. And here you can see them actually making the air conditioning compressor units that they make here. The employment -- started out about a year and a half ago about three dozen people things are going. Better than expected and it is hope that there will be as many as 200 people that will be employed here in the next. Couple of years joining us right now is the plant manager Mike Mickey might god. Why Syracuse, New York this is -- edited German based company Syracuse not known for its tropical weather wonderful beaches why was this look location selected."

" Well first and foremost is the availability of design engineering talent here specifically with compression technology. Secondly the manufacturing base is is -- very strong here at Syracuse in those resources are also available. Uniting -- pool of potential employees he also got money from the state. Yes we do have a grant from the empire state development that we anticipate receiving the first installment early next year. With the cost structure and New York State certainly -- challenges for us to remain and become competitive those incentives are critical for future."

" Thank you very much Mike -- foreign investment a very important part of employment in the United States they'll. Five point three million workers in the US are employed because of foreign investment here and throughout the day look more information on that. And none other employment efforts under way for now there are back -- you and -- idea that --"

" The latest get up to Syracuse now here a lot of odd jobs leaving this country good to see foreign investment coming this way. To employ Americans thank you didn't leave my that was coming up."