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$120M Lawsuit Over Ind. Factory Moves Ahead

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.

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 (https://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.