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Eclipse in the News
... of the burden of having to spend money for all these amenities right now," Aguilar is not alone. Lucio Romero, 55, lost his job at Eclipse Aviation and has been using the computers at the public libraries and at the city's senior centers in his job search. He came upon the rows of ... ... © 2009 Albuquerque Journal Richard Metcalf Journal Staff Writer The Internet blog site known for its relentless criticism of now-defunct Eclipse Aviation Corp. has seen its last posting. “The blog worked,” writes Irish businessman Shane Price, who has maintained the Eclipse ... ... Journal Staff Report SANTA FE - The State Investment Council doesn't expect to get much out of the eventual auction of the assets of Eclipse Aviation. The council had invested $19 million with the Albuquerque-based small jet manufacturer from the state's Severance Tax Fund ... ... a little plastic model of the WhiteKnightTwo Spaceport America plane. I wonder if he will keep it on the shelf with his Bombardier CSeries jet, Eclipse Aviation 500 jet and Tesla Roadster toy models? - A.W. THE GOVERNMENT has banned the making of movies in our community? This really is the ... Monday, June 22, 2009 Collateral Damage By Richard Metcalf Copyright © 2009 Albuquerque Journal Journal Staff Writer Eclipse Aviation may be closed but its legacy lives on in the bleeding balance sheets of its local suppliers. Almost all of the locally owned or locally operated suppliers ... ... offers incentives, provides investment, abates taxes, builds roads in pursuit of jobs. Sometimes it works (Intel), and sometimes it doesn't (Eclipse Aviation). To its credit, the Economic Development Department is also willing to fund approaches like Sirolli's. The Southeast Heights ... Tuesday, June 09, 2009 Eclipse Assets Headed for Auction Block By Richard Metcalf Journal Staff Writer What's left of now-defunct Eclipse Aviation amounts to a paltry sum compared to the more than $1 billion in debt reported by the company when it entered U.S. Bankruptcy Court last November ... ... thousand people. That was proof to me the labor force was capable of doing the job." Even better, he said, was that Emcore, Advent and Eclipse Aviation "seemed to be having good experiences in Albuquerque. You can be certain we talked either overtly or covertly with people from many of those ... ... ;s mission will help focus its efforts and get back to successful investing basics. After all, the SIC lost 19 million taxpayer dollars when Eclipse Aviation went bankrupt, and as the Rio Grande Foundation has pointed out, several of the local companies blessed by the SIC, like Earthstone ($9 ... ... to pay to move forward with the financing of this facility," she said. "It shows up in Advent Solar's inability to get financing. It shows up in Eclipse Aviation. Eclipse was a troubled child anyway, but obviously the options were very much curtailed in terms of problems in the capital markets. ...
news breaking
Friday, August 22, 2008
Eclipse Aviation Axes Hundreds of Albuquerque Workers
By Richard Metcalf
Journal Staff Writer
Eclipse Aviation is laying off more than a third of its workforce in “an effort to achieve financial stability as soon as possible,” the company announced Friday.
Approximately 650 employees are getting pink slips at the headquarters and manufacturing hub in Albuquerque as well as major service centers in Albany, N.Y., and Gainesville, Fla. A breakdown of layoffs in Albuquerque was not available.
“The impact of this action will be a slowdown in the production of Eclipse 500s through 2008,” Eclipse said in its statement. “In 2009, Eclipse intends to increase production back to previous levels and higher.”
The laid-off employees amount to 38 percent of the company's total workforce and include temporary workers and those employed less than six months. Two weeks ago, Eclipse said it was laying off 190 temporary workers.
The company's total employment is now at 1,100.
Eclipse Aviation
ABQjournal blog latest results
Albuquerque Journal newspaper stories
1.
ABQJOURNAL NEWS/METRO: Booked solid
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2.
ABQJOURNAL BIZ: Anti-Eclipse Site Posts Its Final Blog
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3.
ABQJOURNAL BIZ: State Expects Eclipse Losses
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4.
ABQJOURNAL OPINION/SPEAK: Speak Up!!
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5.
ABQJOURNAL BIZ: Collateral Damage
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6.
ABQJOURNAL BIZ: Just let enterprise thrive
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7.
ABQJOURNAL NEWS/METRO: Eclipse Assets Headed for Auction Block
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8.
ABQJOURNAL NEWS/STATE: Solar Cluster
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9.
ABQJOURNAL OPINION/GUEST_COLUMNS: Get SIC Out of Job Creation, Back to Investment Basics
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10.
ABQJOURNAL BIZ: Recession cost New Mexico 5,200 jobs over 12-month period, report shows
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