$120M Lawsuit Over Ind. Factory Moves Ahead
TIPTON, Ind. (AP) -- The Indiana appeals court has decided against stopping a lawsuit filed by a Detroit-based construction company against the German company that stopped building a new transmission factory in central Indiana five years ago.
The appeals court declined to hear an appeal from Getrag Transmission of a Tipton County judge's ruling that the lawsuit filed by Walbridge Construction should go to trial or settlement.
The Kokomo Tribune reports (http://bit.ly/15BcIZC ) Walbridge is seeking nearly $120 million from Getrag for work on the transmission factory nearly the city of Tipton that Getrag was building as part of a partnership with Chrysler.
The lawsuit claims Getrag's actions cost Walbridge lost tens of millions of dollars, much of which would have paid subcontractors from Indiana, Ohio and Michigan.