This afternoon, Senator Joe Donnelly praised Chrysler Group's announcement of a $374 million investment in four north central Indiana plants, a move that will ultimately create 1,250 new jobs. Donnelly was central to the 2008-2009 fight to save Chrysler as the automaker moved through restructuring and narrowly avoided liquidation.
"They said this day would never come," Donnelly said. "But we made the tough choices necessary to save Hoosier jobs, and now Chrysler is stronger in north central Indiana than they were before the auto rescue."
Chrysler's $374 million investment is spread across four Indiana plants. Kokomo Transmission, Kokomo Casting and Indiana Transmission I will receive a $212 million investment in additional equipment and tooling and will see up to 400 new jobs producing eight- and nine-speed transmissions. Further, Chrysler will acquire the former Getrag facility in Tipton, investing $162 million and adding 850 jobs as it prepares to produce a new nine-speed transmission.
"I won't rest until every Hoosier who wants a job, has a job," continued Donnelly. "The recovery of Chrysler, Kokomo, and our American auto industry has led our national recovery, and the lesson is clear: never bet against the American worker."