Bloomberg: Marick Masters on obstacles to selling GM plant
President Donald Trump has expressed his displeasure with GM’s decision to idle its Lordstown, Ohio, facility, tweeting yesterday that he wants the plant “opened or sold to a company who will open it up fast.” But selling the plant might not be an easy ride. The most likely purchasers are foreign auto companies, which remain largely non-unionized in the U.S., and the plant’s history with the United Auto Workers union would present problems, said Marick Masters, a professor of management at Wayne State University and director of the school’s labor studies program. The fate of the plant is likely to be a topic of contract negotiations that will begin in July, said Masters. The UAW’s contract with the company expires in September.
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