Officials of an eastern Indiana city are giving the potential buyer of a large vacant auto parts factory more time to close
on the purchase.
The city of Connersville bought the site from Visteon in 2009 while wooing Carbon Motors Corp. and its planned 1,500-worker
high-tech police car plant. Those plans have stalled since Carbon's bid for
a $310 million federal loan was rejected in March.
The Connersville Board of Works voted 3-1 on Friday to set a new March 31 closing deadline. Mayor Leonard Urban announced
in September the company he wouldn't identify had offered $4 million for the factory.
Urban says the buyer is actively negotiating with a potential tenant, the Connersville News-Examiner reported.
Board member Jane Oakley said no other purchase offers have been made.
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Buyer of vacant Connersville factory gets more time
Associated Press
December 17, 2012
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
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I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
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Pimlico
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While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
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