Talk:New Venture Gear
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i'm not sure where most of the info on the name changes came from... but i was an engineer at NVG in 1999-2000, and it was already "formerly known as New Process Gear". Perhaps the name was reinstated, but i'm pretty sure when it left chrysler the first time, it was called NPG and became NVG.
Heterodoxus 18:38, 9 October 2006 (UTC)
- Corrected per Magna's per published history. Rod B. December 21, 2010 —Preceding unsigned comment added by 22.214.171.124 (talk) 21:59, 21 December 2010 (UTC)
The design services were moved and the few remaining workers will be out of a job by November 2011.
The above line does not seem like it belongs on wiki. regardless, I am not sure how to do the research to see if it is true, so have not edited it. If anyone has information and can verify or refute this claim, please cite or delete it.--RichardMills65 (talk) 05:59, 22 January 2012 (UTC)
Quite correct. This is no place for editorializing. The facts will speak for themselves. I rewrote that section to be more encyclopedic and less editorial. I included references to periodicals and enthusiast sites that have done far more research. It would appear from my research that the New Process corporation had a hard life from the very beginning. After Magna bought New Venture the Syracuse facility and some of the machinery still belonged to Daimler Chrysler Corporation. I can see why Magna was less than enthusiastic about investing money in the Syracuse operation when the lease could be terminated with no remuneration for dollars invested. The fuel price spikes in 2006-07 and economic downturn starting in 2009 cutting demand for the Light Trucks was the final nail in the coffin lid.--Hatzie (talk) 19:02, 19 May 2012 (UTC)