Impact of Layoffs

Tools

By Sarah Gravlee

Story Published: Nov 18, 2008 at 8:05 PM MST

Story Updated: Nov 18, 2008 at 8:05 PM MST

COLUMBUS - Business owners in Columbus are concerned the layoffs will have profound impacts on the local economy.

Mike Segota, the co-owner of Whitlock's Stillwater Steakhouse, said business started dropping off this summer when gas prices shot through the roof. He said their business is down about 20%, but he's concerned the layoffs at the mine will mean more trouble for his business and Stillwater County.

"The mine donates, spends and contributes a tremendous amount to Stillwater County," he said. "It's going to affect everybody." The mining company is the largest taxpayer in both Stillwater and Sweet Grass Counties.

Add a comment

Name:

Comment: 1000 Characters Left

KULR-8 News, Sports, Weather and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

Your Weather Authority

Icon
Current Temp 30.0 °F
A Few Clouds and Breezy
Wind : Southwest at
21.9 mph
Humidity : 58 %
Pressure : 30.07 in
More Weather

Party America Sky Cam

More Weather

On Demand

YouNews

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Links We Like