Articles

Carbon Motors says DOE won’t give it $310M loan

Carbon Motors Corp., which hoped to create hundreds of jobs and thousands of high-tech, fuel-efficient police cars in Indiana, said the U.S. Department of Energy is not going to give the company a critical $310 million loan.

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Solar flop puts energy funding in limbo

Companies promising thousands of green jobs in Indiana are playing a high-stakes waiting game as federal officials consider the fate of at least $600 million in loan guarantees.

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Congressmen back Carbon Motors’ loan request

Most of Indiana's congressional delegation is supporting an Indiana company's request for a federal loan they say would help create perhaps 1,500 jobs building high-tech police vehicles in Connersville.

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Former Visteon plant lined up for Carbon Motors

Atlanta-based Carbon Motors is a step closer to producing its high-tech police cars in Connersville after a bankruptcy
judge authorized auto-parts maker Visteon Corp. to sell a closed plant to the city for $500.

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