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Carbon Motors plans to build different vehicle in Indiana

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A company planning to build high-tech police cars in a vacant eastern Indiana auto parts factory says it has a second vehicle that it plans to produce in Indiana.

Carbon Motors Corp. on Monday announced it will begin producing a multi-mission vehicle called the TX7 somewhere in Indiana before it begins production of E7 police cars at a vacant former Visteon plant in Connersville.

Company spokesman Stacy Dean Stephens told The Connersville News-Examiner that Carbon will assemble the smaller vehicle in the state, but it's not certain yet whether that work will take place in Connersville.

The Energy Department rejected Carbon's bid for a $310 million federal loan in March, stalling E7 production.

The Connersville public works board agreed Friday to give an undisclosed buyer until March 31 to close on a delayed deal to acquire the property for $4 million.

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  • Joke
    Light Box and these jokers... No more press.
  • Pixie Dust
    I have some pixie dust for the mystery plant... These jokers are teaming up with Light Box. Do not give them anymore press.
  • Socks
    Maybe they should try building some solar powered electric socks, with an optional wind generating beanie cap.
  • surprised
    I am shocked the Department of Energy didn't want to waste couple more hundred million dollars in a bogus green energy company.
  • Carbon
    What a joke....you'll not find a city/town/county that will buy this. And you expect a local repair/dody shop to be able to work on it? What a joke..........
  • When?
    When exactly does Carbon plan on building this vehicle? Carbon needs to quit screwing with the people of Connorsville and let them sell the former Ford plant to someone who actually intends to bring in jobs. I have lived in Florida for 4 years now and Carbon was mmaking promises for 2-3 years before I left Indiana.

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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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