Changes in the Market

  • In December 2004, Oxford Automotive announced the closing of their Greencastle plant.  The plant closed in March of 2005 as a result of a corporate bankruptcy.  Over 300 people will be available for work.  Nearly 150 live in Putnam County.
  • In August, HAPPICO ceased operations.  The plant and corporate assets were purchased by Chiyoda USA.  Happico employed over 500.  Chiyoda will start out employing approximately 170 to 200.