10 January 2011

Taxes kill jobs in Baltimore

From the Baltimore Sun (h/t @MMMcDermott):
The Pepsi plant in Baltimore will no longer make soda and other beverages as the company has decided to stop production at the plant, resulting in 70 job losses.

Executives at Pepsi Beverages Co. told the workers today that production would be halted. An additional 318 workers with positions in sales and in the warehouse will keep their jobs.

Kristine Hinck, a company spokeswoman, said a number of factors played into the closing of the production side of the business — including a 2-cent tax on bottled beverages passed by the City Council last year. The need to streamline operations was another factor in the decision. 
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