Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Extras | All Access e-Edition | Home RSS
 
 
 

Options explored while Silver Creek waits to see what is next for Petri’s

January 8, 2013

SILVER CREEK — In light of Thursday’s bombshell news of Petri’s closing, several residents attended Monday’s Silver Creek Village Board meeting to get answers....

« Back to Article

 
 
sort: oldest | newest

Comments

(7)

Billkinner

Jan-11-13 8:50 AM

Lake Erie_Boat Bldg. & accessories_out-board mfg._buy Hostess twinkies_etc.fantastic return on any related investment_

0 Agrees | 0 Disagrees | Report Abuse »

Bandit

Jan-09-13 4:09 PM

You almost done with the blame game Marcia? Now that you have that out of your system, any ideas on what matters? Like the survival of the county? What's done is done, whining won't change that - IT'S BEEN TRIED.

0 Agrees | 0 Disagrees | Report Abuse »

teacherteacher

Jan-09-13 11:03 AM

Marcia, you should have become the head of a major company if its so easy. The reason they get paid like they do is because they are able to get the job done. Its like a football player, are some really worth 15 million a year? Go try and do what they do! Otherwise stick to the ground level jobs.

0 Agrees | 1 Disagrees | Report Abuse »

Marcia

Jan-09-13 8:58 AM

And their chief executive officer made out like a bandit. "Ralcorp Chief Executive Kevin Hunt can collect a $2.5 million retention bonus if he stays for a year after the company is bought by ConAgra Foods, but he can collect more than twice as much if he leaves. Either way, he'll cash out $21.4 million worth of stock and options." So they can destroy a whole factory, while giving one person $21 million dollars. And you people complain about the greedy unions and workers? Seriously?

1 Agrees | 1 Disagrees | Report Abuse »

Marcia

Jan-09-13 8:57 AM

teacher, teacher, none of what you say is relevant to Petri's. Ralcorp, or Con-agra or who ever decided to close this facility did not start it. They bought it and promptly decide to close it. They never took into consideration the local area, what they could gain or lose, or how their employees would be affected. According to their website: "Net sales up 14% for the year and up 8% in the quarter." In 10 years their sales went from $1.2 billion to $4.2 Billion, even during the recession.

2 Agrees | 1 Disagrees | Report Abuse »

teacherteacher

Jan-09-13 7:36 AM

Christopher, like I have stated before. If it is so easy to run a business, take the risk, put up the money, WHY DIDN'T YOU START ONE YEARS AGO? You could have had the perfect company by now.

0 Agrees | 3 Disagrees | Report Abuse »

Bandit

Jan-09-13 7:18 AM

Conceding defeat before even leaving the gate? That is the kind of defeatist attitude that this county DOES NOT need. Instead of lamenting the fall of unions, why don't we concentrate on the REAL issue which is the decline of the county? For the record, most small businesses which are the back bone of the economy do not ship their job overseas. Lead, follow or get out of the way.

1 Agrees | 1 Disagrees | Report Abuse »

Showing 7 of 7 comments
 
 

Post a Comment

You must first login before you can comment.

*Your email address:
*Password:
Remember my email address.
or
 
 

 

I am looking for:
in:
News, Blogs & Events Web