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Shut Down Likely For Indy's GM Stamping Plant

Last updated on Tuesday, August 17, 2010

(INDIANAPOLIS) - A raucous UAW meeting Sunday night appears to be the end of the line for efforts to save the GM stamping plant in Indianapolis.

Indiana Commerce Secretary Mitch Roob, congressman Andre Carson and other city and state officials had worked to keep talks going among GM, the International UAW and would-be buyer JD Norman, after UAW local 23 rejected initial attempts at a deal.

But workers shouted down union officials who tried to explain the final agreement, and no vote was taken.

The impasse means GM will likely move ahead with announced plans to shut down the plant next year.

Issues involving the ownership of equipment at the plant would make it difficult for Norman to simply delay the purchase till after the shutdown and hire its own workers.

Norman had asked workers to accept a wage cut of approximately 50%.

The deal reached by the UAW would have sweetened the deal with a lump-sum payment to workers.

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