Portraits Of Hardship
In January 2009, 60 Minutes correspondent Scott Pelley first reported on the plight of Wilmington, Ohio, a town that is finding itself in the epicenter of the current economic crisis. In 1980, Airborne Freight Corp. (later Airborne Express) established a large hub at Wilmington's abandoned Air Force Base, creating thousands of jobs. The facility became known as the "air park."
According to the mayor, one out of three households has a family member working at the air park.
December 2009: The Long Recession
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Wilmington, Ohio's Long Recession
In 2003, German shipping giant DHL bought Airborne, in an attempt to grow it's U.S. presence dramatically, and take on shipping powerhouses UPS and Federal Express.
The merger was rocky, there were service disruptions, and customers left in droves. With last fall's economic crash, DHL was losing $6 million a day in the U.S.; layoffs started coming by the hundreds.
The company announced that it would suspended U.S.-only ground and air services, to solely focus on international freight instead. Now thousands of employees are finding themselves out of a job and the city in serious trouble.