Ford must hire and maintain at least 90% of the nearly 5,800 jobs it’s promising for the decade following the accountability agreement. If not, the company faces clawbacks thanks to state legislation passed after the failure of the Clarksville Hemlock Semiconductor plant.
Hemlock Slashes Workforce Due to ‘Significant Economic Challenges’
An economic development win of recent years is turning into a giant sore spot. Monday Hemlock Semiconductor announced it will lay off most of its workforce in March due to weak demand for polysilicon, which is used in the production of solar panels.