Chrysler plans to invest up to $374 million and potentially hire 1,250 workers in central Indiana to make more eight-speed and nine-speed transmissions for cars and trucks.
About $162 million would be used for purchase of a former Getrag Transmission factory and equipment in Tipton, Ind., and add 850 jobs there, said Chrysler spokeswoman Jodi Tinson.
In nearby Kokomo, Ind., where Chrysler already operates three transmission plants and a casting plant, the company is proposing to spend $212 million and add 400 jobs.
Source
Detroit Free Press