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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA central Indiana county is trying to attract an unidentified renewable energy company to take over a sprawling factory
that a Chrysler supplier stopped building last year.
Tipton County officials on Monday approved a resolution outlining
tax incentives to the company.
Rick Hall of the Indianapolis law firm Barnes & Thornburg said the company was
planning to invest $450 million in property improvements and equipment and hire 850 people. Hall said the company had not
decided on the Tipton site.
The 781,500-square-foot factory along U.S. 31 was 90 percent complete when German auto
parts maker Getrag halted construction on the planned 1,400-worker transmission plant in October. That happened after Chrysler
withdrew from a financing agreement and left the plant without a primary customer.
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