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Mason Lake
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Posted: July 17 2010,8:27 am |
Post # 1 |
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I just read that Coach-Net will be closing their operations in Lake Havasu and moving about 170 jobs to Texas. This is right after the news that Mission Cleaners was closing their operations resulting in the loss of 100 jobs.
Will these two events have a major impact on Havasu?
I really like Lake Havasu but I've been reluctant to move there because it seems like there's not too many employment opportunities.
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shueman
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Posted: July 17 2010,7:52 pm |
Post # 5 |
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| Quote (WATERDOG @ July 17 2010,2:50 pm) | | With just the 2 companies above, that's 370 people more that won't be buying groceries or anything else in Havi. These 370 people will likely cause even more companies to go under. |
OK...  Less than 1% of the population impacted... 
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Mason Lake
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Posted: July 17 2010,11:00 pm |
Post # 6 |
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| Quote (shueman @ July 17 2010,7:52 pm) | | Quote (WATERDOG @ July 17 2010,2:50 pm) | | With just the 2 companies above, that's 370 people more that won't be buying groceries or anything else in Havi. These 370 people will likely cause even more companies to go under. |
OK... Less than 1% of the population impacted... |
That's what I was wondering - is 370 jobs a big deal? I guess time will tell.
In the case of Mission, I guess they were also one of the biggest customers for the sewer system so Havasu loses jobs and sewer revenue with their closure.
Concerning Coach-Net, it sounds like the "majority" of their employees will be offered jobs in Texas with some type of relocation assistance. It will be interesting to see how many decide to leave Havasu and follow Coach-Net to Texas.
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WATERDOG
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Don't Bother Me, I'm in Havi
MENIFEE, CA
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Posted: July 18 2010,12:08 am |
Post # 7 |
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| Quote (Mason Lake @ July 17 2010,11:00 pm) | | Quote (shueman @ July 17 2010,7:52 pm) | | Quote (WATERDOG @ July 17 2010,2:50 pm) | | With just the 2 companies above, that's 370 people more that won't be buying groceries or anything else in Havi. These 370 people will likely cause even more companies to go under. |
OK... Less than 1% of the population impacted... |
That's what I was wondering - is 370 jobs a big deal? Â I guess time will tell.
In the case of Mission, I guess they were also one of the biggest customers for the sewer system so Havasu loses jobs and sewer revenue with their closure.
Concerning Coach-Net, it sounds like the "majority" of their employees will be offered jobs in Texas with some type of relocation assistance. Â It will be interesting to see how many decide to leave Havasu and follow Coach-Net to Texas. |
That's 1% of the city population that lost jobs. I would bet that it's a lot higher percentage of the total work force in Havi. I would also just guess that many of these 370 have families. Of course if the city raises the Water rates yet again, 100% of the population will be effected.
"Damn you sure know how to fock things up."-GFR
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Mason Lake
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Posted: July 18 2010,9:06 am |
Post # 10 |
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I feel bad for the employees at Coach-Net who own a home with negetive equity in Havasu.
Is it better to sell their home at a loss and follow their employer to Texas or does it make more sense to stay in Havasu knowing that eventually the real estate market will get better?
Concerning Mission, it's interesting to hear they employed far more people than the 100 reported by the local newspaper. When I first read that story I got the impression there was some "spin-doctoring" by the City Manager who suggested that all the laid off employees had already found jobs.
Concerning the local newspaper, there were comments from two people suggesting that Sterlite may pull out of Havasu next year. Hopefully that's not true. (I always take the comments I read in the newspaper with a HUGE grain of salt...)
To be clear, I'm not wishing any ill-will for Havasu, I'm just trying to guage what the employment and real estate market might look like in the future.
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shueman
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Posted: July 18 2010,9:48 am |
Post # 11 |
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There's not many "real jobs" in Havasu, IMO. Pretty much min wage, tourist services, or SBO's. Construction is non-existent. You have to be multi-talented just to survive.
Real Estate is has come back (down) to where is should be...that town was way, way overpriced and RE's peeps made a boat-load of $$$. The run-up impacted the whole area, including Laughlin/Bullhead, and alot of new homeowners went under quickly when the economy to a dive. There's some good deals out there if you shop, unless the cash investors get there first.
It's a tourist/retirement town that happens to be located next to a boating lake...something that City Gov, at times, fails to fully acknowledge(boaters) for their fiscal contributions. I think Havi will survive...as long as the snowbirds continue to come back in the winter.
Just my .02
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GoFastRacer
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Big River, Ca
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Posted: July 19 2010,6:00 am |
Post # 12 |
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| Quote (WATERDOG @ July 17 2010,3:50 pm) | Â Somebody should really tell Osama that his Trickle down isn't working out to well.  |
You think the POS would listen, his whole plan is to destroy us, and so far he's doing his job well!... 
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GlassMan
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Redondo Crew
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Posted: July 19 2010,7:39 am |
Post # 13 |
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| Quote (GoFastRacer @ July 19 2010,6:00 am) | | Quote (WATERDOG @ July 17 2010,3:50 pm) | | Â Somebody should really tell Osama that his Trickle down isn't working out to well. |
You think the POS would listen, his whole plan is to destroy us, and so far he's doing his job well!... Â |
Last time I checked, Obama's Momma didn't do a lot of boating on Havasu...so he will give his rat's ass to Chicago or someplace else HE wants the money to go.
Now that ACORN can't get so much (publicly) he'll have to find another way to put his cronies on the dole. 
It's a fact of Life:
After Monday and Tuesday, even the Calendar says : WTF .......
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