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Old 03-13-2016, 06:32 AM
 
666 posts, read 762,136 times
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Quote:
Originally Posted by Chas863 View Post
If growth, per se, and having more jobs and a larger population were highly desirable, then New York City, Los Angeles, Chicago, Houston, Miami, and Atlanta would be almost perfect places to live.


I'm just not in agreement that bringing in nearly 1,000 low paying jobs, and the 4,000 or so people that go along with it, is necessarily an improvement. Yeah, I guess if you're flipping burgers at McDonald's, then a chance of getting a job at $10 or $12 per hour would look good to you, but that doesn't mean that it's a improvement to the overall community and standard of living of the area. Growing the population does not necessarily equal improving the area, IMO.


I'm surprised that so many knowledgeable people on this board who seem to have a handle on what's going on don't know what the production jobs pay for this company that's moving in from only about 30 miles away. Surely someone could get some reliable figures on the wages being paid. My guess is that the average hourly rate would be somewhere in the low teens, but that's just a guess.
My guess would be that entry level manufacturing jobs would be in the mid teens per hour which is not that bad considering they are entry level and the low cost of living in the area. Entry level is for people with no experience and would be perfect for young people entering the workforce or someone wanting to move up from a lower paying job. The more important aspect of working at a high tech manufacturing company like Ficosa is the experience and education gained on the job and the opportunities to move up the technical ladder. I did this when I was young. But Ficosa will also offer more experienced jobs at better wages.

Last edited by Jumeby; 03-13-2016 at 06:53 AM..
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Old 03-13-2016, 07:52 AM
 
1,115 posts, read 1,606,583 times
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Quote:
Originally Posted by Chas863 View Post
I'm just not in agreement that bringing in nearly 1,000 low paying jobs, and the 4,000 or so people that go along with it, is necessarily an improvement.
4,000 people aren't going to move here because Ficosa is relocating its operation to our area. As I recall, Ficosa won't be hiring 1,000 to begin. The 1,000 number is a planned total workforce in the future. There are a lot of unemployed/underemployed folks in the area that will benefit from this relocation. Clay, Dekalb, Jackson, Putnam, Smith and White counties will be able to supply the workforce.

Quote:
Originally Posted by Chas863 View Post
I'm surprised that so many knowledgeable people on this board who seem to have a handle on what's going on don't know what the production jobs pay for this company that's moving in from only about 30 miles away. Surely someone could get some reliable figures on the wages being paid. My guess is that the average hourly rate would be somewhere in the low teens, but that's just a guess.
I am not presuming a reference to me as knowledgeable, but I do not have any business dealings east of here. Any information I've passed on has been a result of deduction, but I do happen to know a person who worked in the area, and this person who would pass on generic information.

"30 miles away"...is more than just 25 minutes on the interstate; for many of us, Crossville and Cumberland County may as well be in another galaxy.
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Old 03-13-2016, 03:47 PM
 
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Just looking at the take home hourly pay of these Ficosa jobs and comparing that to the current average hourly wage is simplistic. It ignores the benefits that go along with these jobs. When you factor in the value of that, which is often not shown on an employee's pay stub, the "wages" of the Ficosa jobs, in the "economic" sense, could easily be higher than the current average wages (again, in the "economic" sense) of the area.
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Old 04-07-2016, 05:58 PM
 
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The new Ficosa plant is finished two months ahead of schedule. They're now moving equipment into the building and hope to be fully operational with 900 jobs (450 transferred from Crossville, 550 new jobs) by the end of the year.

UCBJ – Upper Cumberland Business Journal » JUST IN: Ficosa construction complete
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Old 06-15-2016, 06:48 AM
 
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A video explaining what Ficosa does in the automotive industry and what it plans to do specifically with its new Cookeville plant. It looks like the rear view mirrors it's going to produce in Cookeville aren't run-of-the-mill rearview mirrors.


https://www.youtube.com/watch?v=zOkpOSCqvUY
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Old 06-23-2016, 09:48 AM
 
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Here's an article from Industry Week about Ficosa's decision to build its new, state-of-the-art facility in Cookeville and to make Cookeville its "center for manufacturing." It mentioned the ready workforce, specifically mentioning the advanced manufacturing curriculum at Cookeville High School as well as Tennessee Tech University.

Ficosa Plant Expands in Tennessee | Auto Parts Manufacturing
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Old 07-11-2016, 05:19 PM
 
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Ficosa/Panasonic has released its timeline for closing its Crossville operations and moving everything to its new Cookeville facility. Ficosa has already closed its Crossville finished goods space. Assembly lines will be moved by October and its warehouse component facility in Crossville closed. The paint shop will be the last operation in Crossville and will move to Cookeville in June 2017. Michelle Wright, human resources director at Ficosa, says most of the Crossville employees will likely transfer to the new Cookeville facility.

UCBJ – Upper Cumberland Business Journal » Ficosa puts timeline on Crossville closure
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Old 10-28-2016, 04:13 PM
 
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Ficosa had its grand opening today. The president and CEO of Ficosa as well as the president of Panasonic were in town for the ribbon cutting ceremony. Ficosa officials said that they're already half way to full employment (900) at the Cookeville plant and may even have to add more jobs because of its new, $460 million contract.
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Old 01-06-2020, 04:38 PM
 
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Ficosa is closing its plant in Shelbyville, Kentucky, and consolidating operations in its Cookeville plant which will result in over 100 more local jobs.

Ficosa to add over 100 jobs in 2020 | UCBJ - Upper Cumberland Business Journal
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Old 08-09-2023, 10:07 AM
 
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Quote:
Originally Posted by JMT View Post
Ficosa is closing its plant in Shelbyville, Kentucky, and consolidating operations in its Cookeville plant which will result in over 100 more local jobs.

Ficosa to add over 100 jobs in 2020 | UCBJ - Upper Cumberland Business Journal
The covid pandemic caused Ficosa to hold off on closing its Shelbyville KY plant, but in today's news Ficosa said it will close its Shelbyville plant and move its jobs and equipment to Cookeville by the end of this winter.

Ficosa North America Shelbyville plans to close its doors early next year, despite efforts by local government and the chamber of commerce. Approximately 155 employees will lose their jobs starting Dec.31 then gradually through February 2024.

The company plans to consolidate its operations into a plant in Cookeville, Tennessee.

Ficosa North America stated in a press release, “We recognize the effect this move will have on our Shelbyville employees, and we are working with them to minimize the impact by providing transfers to our modern and highly-integrated Cookeville, Tennessee facility.

The company will repurpose equipment from the Shelbyville plant and move to Cookeville.


The full story is here:
https://www.pmg-ky1.com/sentinel_new...a41ea49ef.html
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