• Facebook
  • Twitter
  • RSS
30°
Thursday November 27, 2014
View complete forecast
News-Sentinel.com Your Town. Your Voice.
Local Business Search
Stock Summary
Dow17827.7512.81
Nasdaq4787.3229.06
S&P 5002072.835.8
AEP56.660.08
Comcast56.860.24
GE26.870.01
ITT Exelis17.98-0.04
LNC57.57-0.26
Navistar35.86-0.54
Raytheon106.670.27
SDI23.38-0.09
Verizon50.040.7

Company plans to close 450-worker northern Indiana factory

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press
Thursday, October 25, 2012 - 7:46 am

GOSHEN — A company is planning to close a 450-worker factory in northern Indiana where it makes trailer hitches.

Workers at the Cequent Performance Products factory in Goshen have been told about the closing plans, although company spokesman Alan Upchurch tells The Goshen News that a final decision isn't expected until next month.

Upchurch says the closing would be part of changes to make the company more competitive.

Goshen City Councilman Jeremy Stutsman tells WSBT-TV the city will do what it can to keep the company and that it hurts to see that work likely go to another country.

United Steel Workers official Mike O'Brien says the union expects to meet with company executives next week to discuss the closing plans.