Wednesday, June 30, 2010

GM may not be able to sell Indianapolis stamping plant

I thought such things were over with as long as GM=Government Motors. 

GM wants to sell the plant to Chicago based JD Norman.

JD Norman is the only potential buyer in this deal. The company has plants in the U.S. and Mexico

The only options for the plant are to have the sale go through, or for GM to close the plant in 2011.

If union workers at GM's Indianapolis stamping plant don't negotiate by the end of business Wednesday, the sale of the plant could be in jeopardy, resulting in its closure.

Click on the following for more details:  GM may not be able to sell Indianapolis stamping plant

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