Retiring from Chrysler: 'Our time is over'

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The terms of the new UAW contract and Chrysler LLC's subsequent announcement that more buyouts would be coming sealed his decision to retire sooner rather than later, said Dan Petersen, a 56-year-old Chrysler worker from Curtice, Ohio.

"This is what I was waiting for," said Petersen, who has spent 37 years at a Chrysler machining center near Toledo after growing up on a family farm in rural Ohio.

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Petersen had been thinking about retiring even before the contract was signed. He and his wife, Ruth, have three grown children -- one a school teacher, another studying to be an aircraft mechanic and a third just starting college.

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