State official for the carmaker says the embattled company, in the midst of massive recalls, is eager show off the Princeton
factory
and help visitors understand the complexity of auto manufacturing.
Fort Wayne Foundry Corp. will shutter the auto parts factory for the second time in a year, as its jobs head to Mexico, according
to a union official.
Facing intense scrutiny from the federal government, Toyota is trying a salt-of-the-earth offensive, paying for a group of
its U.S. employees to talk with lawmakers. At least one is from Toyota’s plant in Princeton, Ind.
After a week-long shutdown for the company to repair defective gas pedals, the factory near Princeton was back to “business
as usual” when its lines restarted on Monday.
The jobs can’t come soon enough for Connersville, where unemployment is at 13.8 percent.
Beyond the expected plunge for troubled Toyota, U.S. car sales sailed along nicely in January, including a 24 percent surge
for Ford and 14 percent gain for GM.
Columbus-based diesel engine maker Cummins Inc. posted its most profitable fourth quarter in company history, thanks to a
rush on engines that won’t have to conform to new emission standards.
Toyota Motor Corp. is telling dealers that they should get parts to fix sticky gas pedals later this week. But the 4.2 million
customers affected by a large recall may have to wait a while for repairs.
Recalled Toyotas have been yanked from used-vehicle auction blocks, but resale values should be protected if Toyota handles
the
recall with “transparency,” according to a local analyst.
Fifteen employees at an east-side automotive plant operated by a Ford subsidiary will lose their jobs on March 31. More job
cuts are expected, as the factory prepares to close by the end of 2011.
Like most companies that make thousands of parts in automobiles, Elkhart-based CTS Corp. was virtually unknown to the average
car buyer. That was until its gas pedal was blamed for big problems with some very popular cars.
Pendleton-based Remy International signs deals with Allison Transmission Inc. in Indianapolis and German automaker Daimler
AG to supply electric motors for hybrid systems. The agreements should help offset a loss of business from General Motors.
No immediate layoffs are planned at the two Indiana factories that build Toyota models included in the company’s production
halt as it looks to fix sticking gas pedals.
Lithium battery maker EnerDel will need more business than its existing relationships with Think and Volvo to justify the $237 million investment
it announced Thursday.
Some observers see a parallel to the state’s seeking Japanese investment following recession in the early 1980s.
Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to
block automakers from preying on termination fears to wrest concessions from surviving dealers.
Indiana’s future as a hub for making electric and hybrid vehicles hinges on a single government loan program.
The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.
AM General Corp. plans to lay off 250 workers from its Humvee plant in Mishawaka, because the U.S. military is buying fewer
of the vehicles.
