GM in talks to sell Indianapolis stamping plant

April 29, 2010

GM in talks to sell Indianapolis stamping plant


Indianapolis — City and union officials say General Motors has found a potential buyer for an Indianapolis stamping plant that it has planned to shut down.

About 650 people now work at the factory on the city’s west side. GM plans to close it by September 2011 unless a buyer is found.

City development director Michael Huber tells the Indianapolis Star that the sales negotiations between GM and JD Norman Industries of suburban Chicago are in early stages, but that it "could be a great fit."

UAW Region 3 director Maurice Davison says Norman surfaced in GM’s search as the best potential buyer and that the deal would save jobs at the factory.

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