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Chrysler
Chrysler, General Motors plants take divergent paths
March 30, 2013
Dan HumanIn Kokomo, Chrysler plants rise with the resurgent automaker, while a GM plant across the highway hasn't been so fortunate.
MoreChrysler confirms state investment of $374 million
February 28, 2013
Dan HumanChrysler Group LLC plans to invest a total $374 million and add 1,250 jobs in Kokomo and Tipton, the company confirmed Thursday.
MoreChrysler expansion fueled by optimistic sales outlook
December 22, 2012
Dan HumanChrysler Group LLC is betting on huge sales gains to justify the more than $374 million it is considering investing in Kokomo
and Tipton to make a new line of nine-speed transmissions.
MoreChrysler plans 400 more jobs, $212M expansion in Kokomo
December 17, 2012
Dan HumanChrysler 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.
MoreChrysler plans $162 million plant, 850 jobs in Tipton
December 17, 2012
Dan HumanTipton officials approved a 10-year tax abatement worth $2.5 million to help the company launch production in a nearly 800,000-square-foot
plant at U.S. 31 and State Road 28, about 25 miles north of Carmel.
MoreChrysler seeks tax incentives on Kokomo plant
December 14, 2012
Associated PressChrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton
County officials for similar incentives on a vacant plant.
MoreUPDATE: Chrysler may find use for vacant Tipton plant
December 11, 2012
IBJ Staff and Associated PressThe automaker has requested incentives to launch production in a nearly 800,000-square-foot plant that's been vacant since
being built four years ago.
MoreChrysler drives off with $2.5M refund from Duke Energy
October 5, 2012
Chris O'MalleyThe automaker had claimed in a complaint to the state that Duke acted in "draconian" fashion by holding onto the
seven-figure deposit for service at its Kokomo plant since 2009.
MoreChrysler seeks $2.5M utility deposit from Duke Energy Indiana
July 13, 2012
Chris O'MalleyThe automaker is asking the Indiana Utility Regulatory Commission to look into its dispute with Duke Energy—and order
the utility to return a deposit it required to keep the power on at Chrysler's Kokomo plants.
MoreCarmakers report strong June sales after May slowdown
July 3, 2012
Associated PressFrom mini cars to monster pickups, sales of vehicles charged higher in June and eased concerns that Americans would be turned
off by slower hiring and other scary headlines.
MoreAuto town Kokomo on the mend, but bailout still divides
February 26, 2012
Associated PressThe U.S. auto industry and Kokomo have staged an amazing comeback. But the resurrection of U.S. automakers has done little
to resolve a deep political divide over the bailout.
MoreKokomo upshifting with Chrysler investment
December 3, 2011
Kathleen McLaughlinCity north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker's transmission plants.
MoreBlack Friday boosts car sales to best rate since ‘Clunkers’
November 30, 2011
Bloomberg NewsU.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November
to what is likely to be their fastest pace in more than two years.
MoreChrysler workers in Indiana approve contract
October 19, 2011
Associated PressWorkers at Chrysler's largest United Auto Workers local, Local 685 in Kokomo, have voted in favor of a new four-year contract.
MoreChrysler faces fines over Kokomo plant death
June 8, 2011
Associated PressState regulators have issued $200,000 in fines against Chrysler for safety violations found during the investigation of a
worker's death at a central Indiana factory.
MoreChrysler to invest another $85M in Kokomo plant
December 14, 2010
Associated PressChrysler Group LLC said Tuesday it plans to invest an additional $85 million in its Kokomo transmission plant. The money is
in addition to the recently announced $1.2 billion investment in other facilities in the north-central Indiana city.
MoreChrysler to invest $843 million in Kokomo plants
November 23, 2010
Associated PressThe investment was announced just ahead of appearances Tuesday by President Barack Obama and Vice President Joe Biden at a
Chrysler transmission plant.
MoreAuto plant's 300 jobs draw 3,000 applicants
July 21, 2010
Associated PressThe response to openings at a Chrysler transmission plant in Kokomo reflects the large number of people out of work, a union
official said.
MoreChrysler plans to spend $300M retooling Kokomo plants
May 11, 2010
Investment in transmission and casting plants, however, hinges on city's ability to offer tax abatement.
MoreChrysler's old assets in bankruptcy can be liquidated, court rules
April 20, 2010
Bloomberg NewsInvestors who had challenged the bankruptcy sale, including the Indiana State Police Pension Trust, had argued that Treasury
Secretary Timothy Geithner violated the Constitution by using TARP money to finance the sale, and had their arguments overruled
in the appeals court.
MoreSupreme Court rejects Indiana's appeal of Chrysler sale
December 14, 2009
IBJ Staff and Associated PressThe justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged the automaker's
bankruptcy proceedings.
MoreCummins recalling more workers to Indiana engine plant
October 7, 2009
Andrea Muirragui DavisEnginemaker Cummins Inc. is temporarily adding a second production shift at its MidRange Engine Plant south of Columbus, recalling
as many as 270 workers who had been laid off or transferred to other facilities when it was idled in May.
MoreRenewable-energy firm eyeing Tipton County plant
September 28, 2009
A renewable-energy firm is considering manufacturing solar panels in an empty Tipton County plant where transmissions were
to be built for Chrysler automobiles, according to the Kokomo Tribune.
MoreCarson vs. Chrysler, round one
July 6, 2009
IBJ StaffU.S. Rep. Andre Carson, D-Indianapolis, is taking on General Motors Corp. and Chrysler Corp. in the
name of crash victims.
MoreStruggling contractors hope for sale of factory
March 9, 2009
Kathleen McLaughlinContractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least
some of the $44 million they say they're owed by Getrag Transmission Manufacturing.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.