Thursday, March 05, 2009

New York Times, Anderson, and Good News

What can anyone add about Anderson, Ind., Recovers From ‘G.M. Hangover’ than it sure is good to be recognized for something positive: "

But on Monday, Anderson enjoyed some rare bragging rights. A global company, Nestlé, opened a new Coffee-Mate and Nesquik plant here and announced plans to expand to more than a million square feet. Its total investment, $529 million, is creating hundreds of new jobs.

Michael J. Hicks, director of the Center for Business and Economic Research at Ball State University in Muncie, Ind., said the new plant was part of Anderson’s effort to recover from “the G.M. hangover” — an affliction that more cities will face as G.M. continues to shut plant"


But at least some in Anderson are gaining spending power with the addition of Nestlé.

It had been a long time since a chief executive said of Anderson, as Nestlé’s Paul Bulcke did Monday, “I’m proud to be associated with this town and its people, who have excellent skills.”

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