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Article: U.S. towns court green companies to bring back the paychecks
- Article from:
- International Herald Tribune
- Article date:
- November 3, 2008
- Author:
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Peter S. Goodman The New York Times Media Group
International Herald Tribune
11-03-2008
U.S. towns court green companies to bring back the paychecks
Byline: Peter S. Goodman The New York Times Media Group
Edition: 1
Section: FINANCE/BUSINESS
NEWTON, Iowa --
Like his uncle, his grandfather and many of their neighbors, Arie Versendaal spent decades working at the Maytag factory here, turning coils of steel into washing machines.
When the plant closed last year, taking 1,800 jobs out of this town of 16,000 people, it seemed a familiar story of U.S. industrial decline: another company town brought to its knees by the vagaries of global trade.
Except that Versendaal has a new factory job, at a ...