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Chrysler plans 400 more jobs, $212M expansion in Kokomo

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Chrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that could add more than 400 jobs.

The Kokomo Common Council  on Monday night approved a property tax abatement for Chrysler in hopes of luring the investment.

Chrysler last week confirmed it was seeking the tax incentives but hadn't provided details.

Earlier in the day, the Auburn Hills, Mich.-based automaker said it planned to spend $162 million to open a transmission plant in nearby Tipton that will employ up to 850 people.

The Tipton County Board of Commissioners on Monday approved a 10-year tax abatement worth $2.5 million to help the company launch production in an existing, nearly 800,000-square-foot plant at U.S. 31 and State Road 28, about 25 miles north of Carmel.

The automaker emphasized on Monday that plans for the projects are not yet final. Executives continue to negotiate building purchases, among other crucial steps.
 
The company has three existing transmission plants and a casting plant in Kokomo. The four plants already employ more than 5,000 people.
 
Combined with the introduction of eight-speed transmissions the company is putting in certain Chrysler 300s and Dodge Chargers, Chrysler has invested about $1.3 billion in Kokomo since emerging from bankruptcy in 2009.

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  • Employment opportunities
    What is the website to apply for future opportunities at the Chrysler plant in Tipton, IN????
  • Thanks Mitch
    RTW at work - oops they were already here. It must've been DST.

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  1. I keep wondering why I keep hearing about this problem of corporations leaving America, and I never hear a reasonable proposal to lower corporate tax rates and raise personal rates on income from capital gains and dividends, especially for high earners. It is just too simple of a solution for Congress to embrace?

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  3. is a disaster. SR37 already needs to be built to interstate standards between 465 and SR144. Southport Road is a mess each morning and evening.

  4. Bass Pro Shops would be good for the mall as well as a Giant Eagle Market District or a Jungle Jim's International Market Place grocery store like the one near Cincinnati Ohio.A Disney quest indoor theme park would be good.An Academy outdoor store would be good too.Indoor Circus shows and magic shows would be good as well. A casino with sports bar would be good.A Disney theater inside that shows movies and Broadway shows would work.Nashville Tennessee concert shops with indoor neon lights would be good.How about a theater that shows travel shows and theme parks. A train store would be good.How about a giant toy store with high tech video games.

  5. This development is in addition to Allpoints Midwest 5, Aitrtek, a recent FedEx and more in Plainfield. Greenwood and Brownsburg also have similar projects.

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