Research should be done on Navistar
JOLIET — Navistar wants to open a distribution center in Joliet, and the city council provided tax incentives Tuesday to help them along.
The company would bring an estimated 100-plus jobs to the Cherry Hill Business Park on the East Side of the city. Most of the workers, however, probably will come from a West Chicago distribution operation that would close as the Joliet site opens.
( So again no jobs for Joliet people. )
We will see what happens when they start hiring; Let’s look at their track record as a company:
Case 1 http://chicagobreakingbusiness.com SEC files for settlement in Navistar fraud case: The Securities and Exchange Commission has asked a federal court judge to sign off on a consent order that would settle a years-long accounting fraud scandal that led to Warrenville-based Navistar’s delisting on the New York Stock Exchange in 2007.
Case 2 http://www.triblocal.com Navistar’s move to the Alcatel-Lucent site in part because of worries about air pollution, noise, traffic and safety issues. Navistar, now based about three miles away, has maintained that those fears are unfounded.
So I wonder doe’s the Joliet and the city council ever do any research on any of these companies before they give away tax incentives, I would venture to say “NO”
what happens after Navistar sets up shop, this city council needs to get with the information age and do some research instead of just sitting there collecting a pay check(s) for being stupid…..Again incumbents need to go, they don’t worry if we tax payers have jobs, they only worry about filling the city coffers with chump change and empty promises to the cities tax payers.