Business

  • Door fires probed in 2006, ’07 TrailBlazers
     DETROIT – Federal safety regulators are investigating fires in the driver’s side doors of Chevy TrailBlazers, the second such probe in a week.
  • Oil near $100 as Greece approves austerity cuts
    Oil prices rose to near $100 a barrel Monday in Asia after the Greek parliament approved new austerity measures that should secure a bailout and avoid bankruptcy.
  • Week Ahead
    Today•The European Union’s competition regulator will decide whether to approve Google’s takeover of cellphone maker Motorola or take more time to scrutinize the deal more closely
Advertisement
Briefs

Police car plant planned in state

A startup company with plans to build high-tech police cars in eastern Indiana says it’s confident despite new competition from established automakers.

Carbon Motors Corp. says it has raised $100 million from private investors in recent months toward its project to develop the car, which it hopes to have on the market in 2012.

The company also is awaiting a decision on its August application for a $310 million federal loan to help finance engineering, model-building and crash-testing.

Company officials announced in July they had picked a former Visteon plant in Connersville as the site of a factory that they said could potentially have 1,550 workers.

Wind turbine maker plans Indiana plant

A startup company has announced plans for a development and production plant to produce small-scale wind turbines in southern Indiana.

WindStream Technologies Inc. said last week that its operations in New Albany could have more than 260 workers by 2012.

WindStream says its TurboMills are designed to capture wind energy in urban areas. The devices are intended as a low-cost way to supplement a customer’s electricity needs.

The Indiana Economic Development Corp. offered WindStream up to $1.5 million in performance-based tax credits for the project.