Federal loan-fueled Allen Park van maker shuts down

Vehicle Production Group fails 3 years after receiving $50 million federal loan

By Matt Morawski - Executive Producer
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ALLEN PARK, Mich. - An Allen Park company that got a $50 million loan from the federal government to build vans for the disabled has shut down.

Vehicle Production Group stopped operating in February after their balance sheet dipped below a minimum level required by the government.

The company got the money in 2010 as part of a clean-energy program.

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