Cummins Inc. will lay off 720 south-central Indiana employees and halt production at Columbus MidRange Engine Plant for at least a month while Chrysler limps through bankruptcy.
A Cummins spokesman said Cummins does not know when - or if - Chrysler will purchase more of the engines - though Cummins remains optimistic that the iconic Ram truck and the companies' long-lasting and profitable relationship will continue.
The midrange plant is the exclusive supplier of 6.7-liter engines for the Dodge Ram pickup truck. Chrysler is idling the Ram plant in Saltillo, Mexico, while the company is being reorganized.
On May 08 11:04 AM SW Richmond wrote:
> "The feeling is definitely there. It's a new morning in America. > Fresh, vital...the old cynicism is gone. We have faith in our leaders. > We're optimistic as to what becomes of it all. It really comes down > to our ability to accept. We don't need pessimism. There are no > limits. We must look to the strength of our nation." > > www.youtube.com/watch?...;feature=related
Let's Hurt the American Financial Services Industry [View article]
I'm sure that all of those out of work financial "geniuses", will be able to find work in the auto sector,home builder or some other sector they have managed to help bankrupt. i guess India is doing well.....
Swine Flu: Why You Can Ignore the Hype [View article]
Nothing to see here folks. (Anything to get the Obama administration's $1.8 trillion deficit off page one. That is what people in a free society should be debating. )
Do We Need a Car Czar, Or Is That Just an Excuse? [View article]
O'Bama has no clue? Were you asleep the 8 previous years??? The only politco that talks any sense is Ron Paul. The auto industry is just a victim of the failed economic policies of the last 28 years.
Ford's Stock Issue Makes More Sense than Microsoft's Bond [View article]
It's almost like refinancing your home, after it's paid off, even though you are already sitting on a nest egg! No wonder our country is in the mess it's in! Must be that IVY league education.
I don't understand what the liberals in Congress in 1979 have to do with the impending depression, that was obviously created by the greedy mortgage institutions/brokers who created CDO's SIV's and other financial weapons of mass destruction during the past decade!
Ford's Stock Issue Makes More Sense than Microsoft's Bond [View article]
At least the lenders will be happy. Unless you can pick out the EXACT stocks that may or may not be doing well. I don't believe that you can expect the stock market overall to give you those "higher returns". Neither a lender or a borrower be!
Why GE's Selling Its Appliance Division [View article]
That's because the bureaucrat's have sent all the manufacturing out of the country already! Perhaps if our educational system wasn't in shambles, the engineers in this country would be properly trained. Instead they become "business" majors!
Why GE's Selling Its Appliance Division [View article]
Yes GElongrider, why does the middle class in this country think they should be able to enjoy a comfortable living. Is your mantra bureaucracy rules? Don't they know that to REALLY live the American dream you must be asleep!
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5/7/2009 11:20:00 PM
Cummins to lay off 720
By Boris Ladwig
City Editor
Cummins Inc. will lay off 720 south-central Indiana employees and halt production at Columbus MidRange Engine Plant for at least a month while Chrysler limps through bankruptcy.
A Cummins spokesman said Cummins does not know when - or if - Chrysler will purchase more of the engines - though Cummins remains optimistic that the iconic Ram truck and the companies' long-lasting and profitable relationship will continue.
The midrange plant is the exclusive supplier of 6.7-liter engines for the Dodge Ram pickup truck. Chrysler is idling the Ram plant in Saltillo, Mexico, while the company is being reorganized.
On May 08 11:04 AM SW Richmond wrote:
> "The feeling is definitely there. It's a new morning in America.
> Fresh, vital...the old cynicism is gone. We have faith in our leaders.
> We're optimistic as to what becomes of it all. It really comes down
> to our ability to accept. We don't need pessimism. There are no
> limits. We must look to the strength of our nation."
>
> www.youtube.com/watch?...;feature=related
Let's Hurt the American Financial Services Industry [View article]
Swine Flu: Why You Can Ignore the Hype [View article]
(Anything to get the Obama administration's $1.8 trillion deficit off page one. That is what people in a free society should be debating. )
Do We Need a Car Czar, Or Is That Just an Excuse? [View article]
Ford's Stock Issue Makes More Sense than Microsoft's Bond [View article]
Why Gold Is Losing Its Shine [View article]
GMAC: Happy to Lend You Some of Your Own Money [View article]
The Great Recession Bites [View article]
Ford's Stock Issue Makes More Sense than Microsoft's Bond [View article]
Why GE's Selling Its Appliance Division [View article]
Why GE's Selling Its Appliance Division [View article]