AM General wants to restart operation of Vehicle Production Group“™s mobility vehicle business after buying the Energy Department“™s $50 million secured loan to VPG, the South Bend Tribune reported Sept. 8.
Jim Meenan writes AM General“™s new company Mobility Ventures LLC is looking to resume production, sales and product development functions of VPG“™s MV-1 business that had closed earlier this year.
The move is intended to help open hundreds of new jobs at a Mishawaka, Ind.-based assembly plant, according to the report.
Jeff Adams, AM General spokesman, told the publication the company is assessing the staffing requirements for restoring the MV-1 assembly.