Ellsworth Takes On Coats' Past

By Megan Trent

Ellsworth Takes On Coats' Past

September 20, 2010 Updated Sep 22, 2010 at 4:43 PM EDT

WABASH, Ind. (Indiana's NewsCenter) - As the U.S. Senatorial race between Democrat Brad Ellsworth and Republican Dan Coats heats up, both sides are coming out swinging.

Today Ellsworth accused the former Senator of having his hand in the loss of more than 800 Northeast Indiana jobs and sending jobs out of the state.

GDX Automotive was bought by Cerberus Capital Management in 2004, then sold in 2007. However, the Wabash GDX plant was one of two U.S. locations left out of the deal. The plant closed down, more than 800 people lost their jobs, and some GDX operations shifted to Mexico and Canada.

Ellsworth says Coats worked for the Cerberus from 2005 to 2009 - during the time GDX was sold. He also provided documentation that Coats received $100,000 for consulting work he did for Cerberus. Pete Seat with the Coats campaign says Coats was on retainer for his work with Cerberus' German operations, but denies that Coats had anything to do with the closing of GDX or the loss of jobs in Wabash.

When speaking about Coats today, Ellsworth said, "To move back to the state of Indiana and say you want to repatriotize jobs when you were a direct employee of the company that closed this place down and laid off 800 people I think it disingenuous. And I think Hoosier voters have the right to know that before they cast their ballot in November."




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