Ford to close or sell Indianapolis plant that employs 2,200

ABC7Chicago.com: Ford to close or sell Indianapolis plant that employs 2,200:

"One of the plants Ford Motor Company plans to sell or close by 2008 is in Indianapolis and is a major supplier of steering compenents.
As part of a restructuring plan to deal with its shrinking market share, Ford wants to become more competitive by downsizing.

But automotive analyst Dennis Virag says the company could have a tough time selling its plant on the southeast side of Indianapolis.

Virag is president of Automotive Consulting Group in Ann Arbor, Michigan. He says the Indianapolis plant is Ford's primary supplier of steering components, and it could be difficult to sell the plant because of Ford's decline in the market."