Thursday, April 06, 2006

The Multiplier Effect

Your Mayor does not have much of a sweet tooth, but I'm certainly not eating any Nestle products for awhile. At the turn of the year one of the biggest coups in Affton was the closing of the Nestle plant at Heege and New Hampshire. There were almost 300 workers in the plant. Even though the Swiss-based candy maker is the largest and the USA portion alone made about $12.5 billion in sales for 2004, they decided to move operations overseas to fatten their bottom line.

In their wake are properties lying vacant in St. Louis City and over 15 acres worth of facilities in Affton. These are being offered for sale by CB Richard Ellis. The much bigger deal is that the 2500 student Affton School District will lose out on the $300,000 in tax revenue generated by the plant per year. Here's link to the full story.

Apparently too much candy will make you sick to your stomach.

2 Comments:

At 5:42 PM, Anonymous Anonymous said...

First they buy Purina, then they rob us of our facility to make Sweettarts and Gobstoppers.

 
At 9:22 PM, Anonymous Anonymous said...

The termed robbed fits but by banditos. Some machines and candy went to a Candy factory called Pissa. Its located in Saltillo, Mx.
Adios Fun Dip!

 

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