$120M Lawsuit Over Tipton County Factory Moves Ahead Created by kblakeslee on 10/14/2013 12:02:38 PM
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 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.