From the Indianapolis Business Journal:
Chrysler Group LLC plans to spend $162 million to open a transmission plant in Tipton that will employ up to 850 people, the automaker disclosed Monday morning.
Tipton officials 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 Tipton project isn't the only expansion Chrysler is proposing for north-central Indiana. Chrysler spokeswoman Jodi Tinson confirmed Friday that the automaker has asked Kokomo to approve additional tax abatements for another investment, but she wouldn't discuss details.
Kokomo officials are expected to vote on that request Monday night.
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This will be Tipton County's third attempt to fill the massive building and Chrysler's second attempt to inhabit it.
After Getrag abandoned plans for the plant, Colorado-based solar panel maker Abound Solar received a $400 million federal loan guarantee in 2010 to launch operations in the facility. But the company filed for bankruptcy liquidation earlier this year, scuttling the plan.
http://www.ibj.com/chrysler-plans-162m-plant-850-jobs-in-tipton/PARAMS/article/38550
