IBJNews

Delphi to add 190 jobs in Kokomo

Back to TopCommentsE-mailPrintBookmark and Share

Delphi Corp. brought some good news to the beleaguered city of Kokomo on Friday, announcing plans open a production facility there, creating about 190 jobs by 2014.

The company, which supplies electronics for the automotive and commercial vehicle industries, said it will invest more than $59 million to lease and equip a 90,000-square-foot facility in Kokomo to make electronics products for electric cars.

Troy, Mich.-based Delphi already employs about 1,400 at its Electronics & Safety division in Kokomo. The company plans to begin hiring workers for the new facility in 2010.

Last week, Indianapolis-based Allison Transmission said it has entered a long-term agreement with Delphi, which will supply hybrid drive-system components and energy storage. The parts will be used in Allison’s products made for the city-transit bus and truck markets. Terms of the deal were not disclosed.

In August, Delphi won an $89.3 million grant from the U.S. Department of Energy to produce power electronics for electric vehicles.

The Indiana Economic Development Corp. offered Delphi up to $2.2 million in performance-based tax credits and up to $70,000 in training grants based on the company's job creation plans. The company is finalizing a property tax abatement application with the city of Kokomo.

"This was a highly competitive process, and we're very pleased that Delphi has chosen to invest and grow in our community," said Kokomo Mayor Greg Goodnight. "This decision demonstrates the strength of our workforce and the quality of our community. We look forward to assisting Delphi in any way we can, as we continue to build on the decades-long partnership between the company and the city of Kokomo."

Delphi's planned expansion follows information technology firm Zuna Infotech's October announcement that it will establish its headquarters at Kokomo's Inventrek Technology Park, creating up to 400 new jobs by 2012.

Manufacturing-heavy Kokomo has struggled in recent years as major employers—including Delphi and Chrysler Corp.—have laid off hundreds of workers there. In November, Howard County's unemployment rate stood at 12.1 percent, worse than the 9.6 percent statewide rate.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

ADVERTISEMENT