"DaimlerChrysler says it is considering Kokokmo, Indiana, as a site for a new $560 million transmission plant, The Associated Press reported.
DaimlerChrysler already has two large manufacturing complexes in the city, which is some 40 miles north of Indianapolis, and the new plant would be part of a joint venture with Getrag Corporate Group of Germany. It would produce a new line of wet dual clutch transmissions, Chrysler spokesman Dave Elshoff told the Kokomo Tribune.
The memorandum of understanding between DaimlerChrysler and the UAW obtained by the Tribune says the companies would invest $560 million in the new plant, a sum that would include tooling, machining and equipment, with the plant opening in 2009."
Thursday, September 28, 2006
DaimlerChrysler Looks at Indiana for $560 Million Transmission Plant
DaimlerChrysler Looks at Indiana for $560 Million Transmission Plant - Daily Auto Insider - Car and Driver - September 2006:
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