TIPTON, IN-A central Indiana county is demanding that Chrysler return $5.5 million in county-issued bonds and repay at least $4.5 million it set aside for a sprawling transmission plant that a Chrysler supplier stopped building last year. Chrysler is refusing to repay the bonds and money the county had approved for the $530 million Getrag Transmission Manufacturing plant. MORE
SUFFOLK, VA-A new aerospace and defense manufacturing facility will be built in here later this year, bringing nearly 200 jobs to the city by 2014. SPARTA Composite Products plans to open the $13.2 million, 67,000-square-foot manufacturing center by December. MORE
DETROIT-General Motors says its struggling European operations will run out of money to operate in the second quarter of this year unless governments across Europe provide aid. MORE
WASHINGTON-Consumer spending rose O.6 percent in January for the first time in seven months as Americans took advantage of post-holiday discounts. MORE
DEARBORN, MI-A second United Auto Workers local representing Ford Motor Co. employees has approved amendments to their national labor contract that the automaker says will save the company billions of dollars. MORE
KANSAS CITY, MI-Bryan Hansel, CEO of Smith Electric Vehicles U.S. Corp., confirmed that the company is considering building a new electric van and truck plant in Missouri. MORE
RSS