Owego Braces For Lockheed Layoffs (FOX 40 Binghamton)

Village of Owego officials are bracing for the chilling effect Lockheed Martin layoffs could have on the area. Owego’s Mayor, Edward Arrington, compares the possible 750 layoffs to when IBM left Endicott. He says the possible loss of 750 local families will have a negative impact on the housing market and the local economy. “I don’t think this area can stand that kind of loss when we are on an …