The freeze comes a month after Gannett disclosed huge pay raises for top executives, including CEO Craig Dubow, whose 2010 pay doubled to $9.4 million. What's more, the paper's austerity step comes even as Montgomery's economy hums with the success of Korean automakers Hyundai and Kia, which have factories in the area, according to The New York Times.
"Hyundai is running its Montgomery plant, which employs 2,650, around the clock on weekdays and occasional Saturdays to keep up with demand," the NYT reported in February. "Last summer, it moved production of its Santa Fe sport utility vehicle 95 miles northeast to the Kia plant to free capacity in Montgomery. Kia recently hired 600 additional workers to operate a second shift for the Santa Fe and plans a third, with 1,000 more jobs."
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