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The transmission plant in Kokomo will gain a new eight speed automatic rear wheel drive transmission line as well as a new front wheel drive transmission line after Kokomo’s city council voted to approve a ten year personal property tax abatement on $843 million worth of new equipment. Overall, Chrysler committed this year to investing [...]
Employees at Chrysler Group LLC’s Indiana Transmission Plant II welcomed President Obama and Vice President Biden today as they toured the Kokomo, Ind., facility to celebrate the Company’s recent announcements that it would invest more than $1.1 billion locally for the production of future transmissions and retain nearly 3,500 Indiana jobs. Escorted by Plant Manager [...]
Chrysler will invest $843 million into the Kokomo transmission plant to build a new automatic transmission for future front wheel drive vehicles, if the Kokomo City Council approves a tax abatement application. The company would also modernize the casting plant and both transmission plants; together, Chrysler employes around 2,200 people in the area. The new [...]
President Obama and Vice President Biden will visit Chrysler’s Indiana Transmission Plant II in Kokomo, Indiana, next Tuesday as part of the President’s White House to Main Street tour. The President and Vice President will tour the 600,000-square-foot plant that opened in 2003, meet some of the 1,219 employees and make a short speech in [...]