Seymour, Ind., approves Cummins expansion loan

(Nov. 14, 2012) -- On Monday, the Seymour City Council gave approval to an ordinance issuing $2.375 million to help finance Cummins Inc.'s expansion of its Seymour Engine Plant. In exchange, the city will receive funding in the same amount from Cummins for education, writes the Seymour Tribune.