Chrysler Group CEO Sergio Marchionne will be in Kokomo, Ind., next Thursday to “announce investments and jobs to boost transmission manufacturing in Indiana,” the automaker said.
In December, Chrysler announced plans to invest $162 million in a former Getrag Transmission factory in nearby Tipton. The mayor of Tipton is slated to attend the event as well as Indiana Gov. Mike Pence. Chrysler said its Tipton expansion would create about 850 jobs.
Chrysler has two transmission factories and a casting plant in Kokomo.