/ Chrysler, Industry, News / Chrysler to Open Indiana Plant in Kokomo

Chrysler to Open Indiana Plant in Kokomo

Linked In Share
Chrysler to Open Indiana Plant in Kokomo

Chrysler confirmed plans to expand its Indiana operations with a plant in Kokomo, creating 850 new jobs.

The company plans to invest $162 million in an empty plant in Tipton County, where the automaker previously made other investments before Getrag, its German partner, pulled out of the project. Yesterday, December 17th, the Tipton County Board of Commissioners approved a 10-year tax abatement worth $2.5 million for the facility plan.

“There are several more steps that need to be completed before we can fully confirm our plans for Tipton,” Chrysler spokeswoman Jodi Tinson said in a statement. “We understand the enormous interest in a potential new project, but for confidentiality reasons, we can offer no further details at this time.”

The plant was about to be a 1,400-worker factory to manufacture transmissions for Chrysler, until Getrag pulled out of the project and construction was stopped in 2008. Now Chrysler plans to use the facility to produce a new line of nine-speed transmissions, and turn them out by the end of 2014. The automaker has requested $48.6 million tax abatement for equipment that will be installed in the plant.

“We’re thrilled to death with the opportunity for 850 folks to have new jobs in Tipton County,” said Linda Williamson, interim director of Tipton County Economic Development.

by Ana Cezara Savin (my Google+) - Tuesday, December 18th, 2012 - filed under Chrysler, Industry, News. Image credit: .
Linked In Share
Related Articles


Discuss: Chrysler to Open Indiana Plant in Kokomo

Leave a Reply


















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

BMW expands U.S. plant’s capacity by 50 percent, Confirms X7 crossover
BMW expands U.S. plant’s capacity by 50 percent, Confirms X7 crossoverBMW announced it is expanding capacity at its U.S. plant in Spartanburg, South Carolina, by 50 percent to 450,000 vehicles from ...
Ford CEO’s 2013 paycheck was 10.7 percent bigger at $23.2 million
Ford CEO’s 2013 paycheck was 10.7 percent bigger at $23.2 millionFord CEO Alan Mulally got a significant raise in 2013 as his total compensation increased 10.7 percent to $23.2 million, based in ...
Tesla announces battery shield fix for Model S fires
Tesla announces battery shield fix for Model S firesNHTSA opened its Tesla Motors announced it will add battery shields underneath its Model S electric sedan following a four-month ...
Opel to end sales in China after failing to gain traction
Opel to end sales in China after failing to gain tractionGeneral Motors Co.’s Opel unit, on Friday has announced it will stop selling cars in the Chinese market – and will focus more ...
2015 Chrysler 200 gets rated at 36 mpg
2015 Chrysler 200 gets rated at 36 mpgThe 2015 Chrysler 200 has been recently rated at 36 mpg, on the highway, when equipped with the 2.4 liter four-cylinder ...
Next-gen Audi Q7 to debut in 2015
Next-gen Audi Q7 to debut in 2015The second generation of the Audi Q7 will be introduced in late 2015 as the popular SUV will be riding on a new platform and get ...
Hyundai Motors Celebrates the Six Million Vehicles Sold in the European Market
Hyundai Motors Celebrates the Six Million Vehicles Sold in the European MarketHyundai Motors has reached a new milestone in Europe: 6 million vehicles sold here since 1977 when the automaker started sales in ...
Panasonic in Doubt Regarding Investment in Tesla’s Massive Battery Plant in the US
Panasonic in Doubt Regarding Investment in Tesla’s Massive Battery Plant in the USPanasonic Corp, Tesla's main supplier of lithium-ion cells for the Model S sedan, hasn't committed to make investments in Elon ...
Toyota Hilux 6×6 helps skier reach the South Pole in record time
Toyota Hilux 6×6 helps skier reach the South Pole in record timeA beast of a vehicle with six-wheel drive called the Arctic Toyota Hilux has helped Parker Liautaud set a new speed record for ...
Research: Mercedes-Benz the Automaker With the Fewest Vehicle Recalls in the US
Research: Mercedes-Benz the Automaker With the Fewest Vehicle Recalls in the USAccording to a recent study on safety recalls in the US, German automaker Mercedes-Benz has recalled the fewest vehicles among ...
Volkswagen Golf GTI Club Sport spied
Volkswagen Golf GTI Club Sport spiedOur spy photographers have recently caught on camera the new Volkswagen Golf GTI Club Sport as the model in question is believed ...
V6 Powered Ford F-150 Pickup Boosts Automaker’s Sales
V6 Powered Ford F-150 Pickup Boosts Automaker’s SalesRetail sales of Ford's F-150 trucks fitted with V6 engines have increased with more than 57 percent since the beginning of this ...
Zenos arrives in the U.S. – E10 goes on sale
Zenos arrives in the U.S. – E10 goes on saleThe new and small British based car manufacturer called Zenos has made its way onto the United States auto market where its first ...
[VIDEO] Next-gen Audi R8 spied on the Ring
[VIDEO] Next-gen Audi R8 spied on the RingThe future generation of the Audi R8 has been recently spied on the Nurburgring where the supercar in question was being ...
Mercedes-Benz C63 AMG S to get more power
Mercedes-Benz C63 AMG S to get more powerMercedes-Benz will be pulling the wraps off the C63 AMG S, a more powerful version of the current model, sometimes next ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

BMW Celebrates its Commitment in the USA in Spartanburg, SC Left to Right: Secretary Robert Hitt, South Carolina Secretary of Commerce Dr. Norbert Reithofer, Chairman of the Board of Management, BMW Group Secretary Penny Pritzker, US Secretary of Commerce Nikki Haley, Governor of South Carolina Mr. Manfred Erlacher, President and CEO, BMW Manufacturing (03/2014)
toyota hilux arctic 6x6 1
Spied-VW Golf GTI Club Sport 001
ferrari 458 italia crash london 1
lamborghini-aventador-50th anniversario tuning carlex design 1
2014 volvo united states 1
Ford's 2.7-liter twin-turbo V6 Ecoboost engine
Mercedes-Benz CLA RevoZport 1
Toyota Corolla second best-seler car in 2013
Trion Supercars Nemesis 1
David Brown Speedback inspired by Aston Martin - the car
2014 Toyota TS040 HYBRID side view

More automotive from inautonews
BMW announced it is expanding capacity at its U.S. plant in Spartanburg, South Carolina, by 50 percent to 450,000 vehicles from 300,000 currently. In order to do that, the company will invest $1 billion, with the plant set to become BMW Group’s biggest facility in the world. Spartanburg is ...
read more
Inautonews Editors Section
Test Drive: Renault Captur 0.9 – TCe 90 – fast review
Test Drive: Renault Captur 0.9 – TCe 90 – fast review After we’ve tested almost all Renault Captur models, we decided to check out the 3-cylinder engine - 898 cc 66kw (90 hp) model. Why we’ve ...
Test Drive Fiat 500L Living – Review
Test Drive Fiat 500L Living – Review Who ever thought in 2007, when Fiat unveiled the new 500 citycar that the Italian automaker will ever build a seven-seater 500 model. Clearly, ...
Test Drive Fiat 500L Trekking – Review
Test Drive Fiat 500L Trekking – Review Fiat had a great success back in the 60’s with the 500 model. It was cheap, practical and equipped with a 479 cmc petrol engine – that’s why ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety Research: Mercedes-Benz the Automaker With the Fewest Vehicle Recalls in the USAccording to a recent study on safety recalls in the US, German automaker Mercedes-Benz has ... Recall roundup: Toyota Avalon for airbag problemsToyota has issued a recall for more than 100,000 units of the Avalon sedans, because of a problem ...
Safety Section