Is Industry City Just for Transient Businesses?
Industry City got hit hard today when Makerbot announced that they were moving production to China. Just last Summer (39 weeks ago), Makerbot announced the opening of their huge futuristic factory in Industry City. Optimists cheered over the jobs that were created.
Why? Because it’s cheaper to manufacture almost anything in China (link). There also seems to have been a problem with some of the printers.
Last April (2015) Makerbot laid off 100 workers, then in October 2015, they laid off another 20% of their factory workers (source). Now with the closing of the factory, more people will be laid off.
Industry City may just be a temporary stop for startups to see if they can make it in the market without having to afford NYC rents. Brooklyn shouldn’t be investing tax money into Industry City while it is
The Gap announced it will be going into Industry City, but the Gap isn’t a big deal because it’s all over the place. The initials GAP on clothes isn’t flattering.
Hugs,
marlene
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