Kokomo upshifting with Chrysler investment
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker’s transmission plants.
Chrysler
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Black Friday boosts car sales to best rate since ‘Clunkers’
U.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.
Chrysler workers in Indiana approve contract
Workers at Chrysler's largest United Auto Workers local, Local 685 in Kokomo, have voted in favor of a new four-year contract.
Chrysler, UAW agree on new contract
The new four-year contract, which still must be ratified by workers, would create 2,100 jobs. Chrysler also agreed to invest $4.5 billion in its plants under the deal. Last year, the automaker announced plans to spend nearly $1.3 billion to update its facilities in Kokomo.
UAW extends GM, Chrysler pacts after deadline passes
The decision has little impact on the thousands of Indiana GM and Chrysler workers. As part of 2009 government bailouts, the two firms and their workers had to agree not to strike over wages.
Chrysler faces fines over Kokomo plant death
State 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.
Chrysler to invest another $85M in Kokomo plant
Chrysler 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.
Chrysler to invest $843 million in Kokomo plants
The investment was announced just ahead of appearances Tuesday by President Barack Obama and Vice President Joe Biden at a Chrysler transmission plant.
Auto industry bailout pulls Kokomo back from brink
Kokomo's fortunes have been entwined with the auto industry since 1894, when Elwood Haynes invented one of the first automobiles in the United States there. Since the 1930s, when then-Delco (later Delphi) located there, followed by General Motors and Chrysler, the auto industry has been the town's bread and butter.
Auto plant’s 300 jobs draw 3,000 applicants
The response to openings at a Chrysler transmission plant in Kokomo reflects the large number of people out of work, a union
official said.
Chrysler plans $300M upgrade of Kokomo transmission plants
The automaker says the investment will help retain 1,200 jobs, pave way for production of new eight-speed transmissions.
Chrysler plans to spend $300M retooling Kokomo plants
Investment in transmission and casting plants, however, hinges on city’s ability to offer tax abatement.
Chrysler’s old assets in bankruptcy can be liquidated, court rules
Investors 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.
Chrysler recalling 300 workers to Indiana plants
United Auto Workers local president Rich Boruff says 175 people returned to work at the Kokomo plants on Monday, with about
140 more scheduled to return on March 22.
Cummins to lay off nearly 200 workers in Columbus
The Columbus-based company said Tuesday that the 194 layoffs will take place after Friday, cutting the plant’s employment
to about 400 and paring its two shifts to one.
U.S. car sales: Toyota tanks, others take flight
Beyond the expected plunge for troubled Toyota, U.S. car sales sailed along nicely in January, including a 24 percent surge
for Ford and 14 percent gain for GM.
Supreme Court rejects Indiana’s appeal of Chrysler sale
The justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged the automaker’s
bankruptcy proceedings.
Chrysler returns $5.5M in bonds to Tipton County
Chrysler has returned $5.5 million in bonds to an Indiana county to settle a dispute over millions of dollars the county spent
toward a transmission plant that a Chrysler supplier stopped building last year.
Cummins recalling more workers to Indiana engine plant
Enginemaker 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.
Renewable-energy firm eyeing Tipton County plant
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.