updated: 8/24/2010 12:23:30 PM

GM Plant Sale Still Alive?

InsideINdianaBusiness.com Report

Efforts continue to bring the potential sale of General Motors Company's Indianapolis Stamping Plant to a vote by local UAW members. Workers seeking more information about the tentative deal between Illinois-based J.D. Norman Industries and GM are distributing petitions throughout the plant. Also, Local 23 President Ray Kennedy tells Inside INdiana Business members have regularly scheduled union meetings set for tomorrow. The possible sale is expected to be a hot topic at those sessions.

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Source: Inside INdiana Business

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Earlier this month, union members refused to vote on the proposal, prompting General Motors to move forward with its intention to close the plant.

The workers have been concerned about potential salary cuts as part of the deal.

J.D. Norman Founder Justin Norman came to Indianapolis in an effort to alleviate those concerns and call for an "up or down" vote on the package.

He stated workers would have the options to retire a GM employee, receive a lump sum payment and continue working at the plant, or seek transfers to other GM operations.


Source: Inside Indiana Business

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