In the fall of 2002, the sun was setting fast on New Castle, IN. One of its largest employers, DaimlerChrysler Corp., was preparing to pull the plug on its 1,200-employee Machining and Forge plant, which made suspension and powertrain components for Chrysler, Jeep and Dodge vehicles. In this small town of 17,000 east of Indianapolis, nothing is bigger than the Machining and Forge plant, although the Indiana Basketball Hall of Fame Museum attracts more visitors. Metaldyne’s Tim ...

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