ELKHART, Ind. (AP) — The bankruptcy filing of the company making electric cars at a northern Indiana factory has the city’s mayor worried about the venture’s future.
Elkhart Mayor Dick Moore says he learned Wednesday about the decision by Norway-based Think Global and that a company official had told the city that the factory there wouldn’t be affected. Moore tells The Elkhart Truth that he still hopes the factory can be successful.
Think started initial production at the Elkhart factory last year. The company planned for the factory to have some 400 workers by 2013 and eventually build more than 20,000 cars a year.
A major creditor says in a federal filing that Think Global could face liquidation.
A spokesman for Think North America didn’t immediately respond Thursday to requests for comment.
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Information from: The Elkhart Truth,
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