AM General employees and local officials are hopeful that one of the region’s most iconic brands — the Humvee — will continue to be made here for many years to come.
They believe the chances of that happening were increased Wednesday with news that a private equity firm called KPS Capital Partners had signed an agreement to buy AM General from an affiliate of MacAndrews & Forbes Inc.
Though members of UAW Local 5 have long since worked out a new contract with the company, employees were still concerned about the future prospects of the business.