Lockheed Martin announced plans to close a plant in Eagan

by Shannon Lee
Global security company Lockheed Martin said Thursday it will close a plant in Eagan. The company plans to eliminate or move 1,000 jobs by 2013.
Company spokeswoman Anne Marie Squeo said the closing is needed to cut costs, reported MPR.
About 650 employees will have the opportunity to move to New York, Virginia or California to keep their jobs if they choose, reported the Star Tribune. The remaining 350 will be let go.
Gov. Tim Pawlenty and Eagan Mayor Mike Maguire both expressed concerns over the plant's announcement and said they hope to meet with Lockheed Martin officials to discuss the possibility of keeping the plant open.