Chrysler to boost stake in Kokomo
Eight-speed transmission plant planned as company expands investment
Freep.com is reporting Chrysler is making an additional investment in its Kokomo, IN transmission plant. The automaker plans to build an eight-speed transmission at their plant, adding an $85 million investment to the $1.2 million Chrysler will spend in Kokomo to build a front-wheel drive transmission.
Chrysler will receive a tax abatement, approved this week by the Kokomo City Council, on the investment for that part of the facility, according to the report.
- Related News:
Ford cuts summer break, will produce 40,000 more cars in North America - 10.05.2012 14:57
Integrator Guide
| Search the online Automation Integrator Guide |
|
|
|
|
Visit the System Integrators page to view past winners of Control Engineering's System Integrator of the Year Award and learn how to enter the competition. You will also find more information on system integrators and Control System Integrators Association.
Case Study Database
Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.