The City of Goodyear has learned it will lose about 600 jobs when Lockheed Martin closes the plant.
The aerospace and information technology company announced Thursday it was cutting 4,000 jobs nationwide, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.
Goodyear Mayor Georgia Lord said city leaders were bracing for cutbacks as
defense spending drops, but not a shutdown.
“We knew at some point that Lockheed Martin was going to be affected by
sequestration. We at the city of Goodyear did not know to what point,” Lord
said. “But this isn’t just about our city. This is going to affect our entire
The plant in Goodyear is one of four to be shuttered by early 2015. Ohio, Pennslyvania and Texas are also losing plants.
“In the face of government budget cuts and an increasingly complex global security landscape, these actions are necessary for the future of our business,” CEO Marilyn Hewson said in a statement.
The Goodyear plant, one of the largest employers in that city, specializes in information systems and global solutions.
Goodyear spokeswoman Romina Khananisho said the city was losing “well-paid engineering jobs.” City leaders were in the dark about the Lockheed plans prior to receiving emails and texts about the announcement Thursday.
Bethesda, Md.-based Lockheed Martin Corp. is the maker of Patriot missile defense system and the F-35 and F-16 fighter planes.
Valley economist Elliott Pollack said the potential aftereffects goes beyond the loss of 600 jobs.
“I don’t know if the West Valley has the ability to replace these jobs so people will leave or find jobs elsewhere in town,” he said. “This doesn’t bode well for Goodyear.”
City spokeswoman Romina Khananisho said Goodyear will try to find another
tenant for the facility, hopefully another aerospace company.
KTAR’s Jim Cross and the Associated Press contributed to this article.
- 2016 college football rivalry games you simply can't miss
- New treatment offers hope for migraine sufferers
- 11 stadiums to watch your favorite football team
- Shopping for a TV? Best models for 2016
- The new beer pairing guide for holiday foods
- Avoid this holiday plumbing disaster in your home
- 7 tips to avoid holiday weight gain
- New treatments mean better prostate cancer survival rates
- 5 of the scariest things found in drains
- 6 tips to create the best family movie night
- New bone marrow procedure holds promise for healing pain
- The best places to celebrate Fall in Phoenix
- Infamous athletes who did the most time for their crimes
- Diet, exercise and aspirin: 3 tools to fight colon cancer
- 2016 baseball highlights, bloopers and blunders
- See how CFOs really feel about business in the Valley
- The best television shows on the internet
- The 5 worst things you could do for your roof
- 6 coolest things brewing in Arizona
- The virus that keeps head and neck cancers on the rise
- State Fair ‘Kid Reporter’ has all the angles covered
- 4 important things to know about timeshare maintenance fees
- Signs of delayed car crash injuries
- The truth about sports concussions
- The Alzheimer's epidemic: Facts you need to know
- The season is here, keep your Fantasy Football team strong all season
- 8 TV shows you can't miss this fall
- Football is here: 6 tips to make this your best season ever
- Gameday recipes and beers to match
- 6 reasons the Cardinals are driven to win the Super Bowl