Articles

Auto industry bailout pulls Kokomo back from brink

Kokomo's fortunes have been entwined with the auto industry since 1894, when Elwood Haynes invented one of the first automobiles in the United States there. Since the 1930s, when then-Delco (later Delphi) located there, followed by General Motors and Chrysler, the auto industry has been the town's bread and butter.

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State auto jobs creeping up again

Employment in Indiana’s auto industry has stabilized, and manufacturers even are hiring in small numbers. Hoosier automakers and parts suppliers added 10,000 workers this year through August, bringing total employment in the sector to 100,400.

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Cummins awarded $6.9 million Army contract

The three-year deal calls for the Columbus, Ind.-based diesel engine manufacturer to develop a power train that improves efficiency by reducing fuel consumption and noise, and can run on a wide range of fuels and fuel mixtures.

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Greencastle auto supplier cutting 202 employees

International Automotive Components Group said the layoffs will occur in two stages—on Nov. 10 and again on Dec. 13. Expiring contracts are responsible for the cuts, said a company spokesman, who added that the employees could be recalled.

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JD Norman reaching GM workers through mail

The UAW’s regional office appears to be arranging a contract vote by mail-in ballot. Word on the shop floor is that a ballot will accompany a new proposal, which includes $70,000 cash for union members who work for JD Norman for two years. The offer is double the amount in a previous proposal.

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Fort Wayne hoping to keep some Navistar jobs

Fort Wayne officials say they aren’t giving up hope that Navistar International Corp. will keep some jobs in the city despite the company’s decision to consolidate operations in suburban Chicago.

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EnerDel parent lines up more financing

The parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and ramp up its manufacturing operations in the Indianapolis area.

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Visteon ordered to reinstate health care to retirees

The mandate from a U.S. bankruptcy judge will supply retroactive benefits to more than 6,000 Visteon Corp. retirees who lost
insurance coverage after
the
Michigan-based auto-parts maker filed for bankruptcy in 2009, including 2,100 workers in Indiana.

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