Monday, March 23, 2009

Tipton County Files Claim Against Getrag

According to a report in Inside INdiana Business, Tipton County has filed a claim against Getrag Transmission LLC over the failed transmission plant the German company planned to operate with Chrysler LLC.

The county has submitted a $14.1 million claim in the U.S. Bankruptcy Court of Southern Michigan to cover the county's costs related to the failed joint venture.

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