Mayor Reacts To Toyota Shutdown, AT&T Leaving
Phil Hardberger On Vacation When Announcements Made
POSTED: Thursday, July 17, 2008
UPDATED: 9:01 pm CDT July 17,
2008
SAN ANTONIO -- Mayor Phil Hardberger has a lot of catching up to do after returning from his European vacation.
While the mayor was away, two major corporations announced massive changes to their operations, affecting San Antonio employees and the city's corporate standing.
AT&T announced it would move its headquarters to Dallas while Toyota announced a temporary suspension of plant operations until November.
"Was I surprised? Yeah, I was surprised," Hardberger said.
The mayor said he was waiting to board a flight to France when the AT&T news was given to him and that he's already met with company executives to keep the remaining jobs here and make sure the city didn't force the telecommunications company away.
"He assured me... there was not any issues with San Antonio at all," Hardberger said. "In fact, they like the way they've been treated here."
With a major investment locally, the mayor said he was not surprised when Toyota announced its temporary halt of Tundra truck production, but that he wasn't worried about the company's long-term future.
"They were making more and more trucks, but they weren't selling more and more," he said. "You don't have to be a great economist to figure out that's not going to continue.
"If they feel they cannot make good profits on their truck, I'm sure they will build another car here that they can make profits on."
Hardberger said that while the city has had a few rough weeks, the local economy is still in good shape when speaking comparatively with the rest of the nation. He cited numbers claiming the city's unemployment rate is the lowest in Texas and said the city is the third-fastest growing city in the United States.
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