Chrysler Seeks Tax Incentives On Kokomo Plant

KOKOMO, Ind. (AP) – Chrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it’s asking Tipton County officials for similar incentives on a vacant plant.

Chrysler spokeswoman Jodi Tinson confirmed Friday that the automaker had asked the city to approve tax abatement, but she wouldn’t discuss any further details.

City Council President Mike Kennedy tells the Kokomo Tribune that he understands the request is connected to a similar request for tax abatement on a plant south of Kokomo that was originally built as part of a partnership with German auto parts maker Getrag but never completed.

Kennedy says the Kokomo proposal involves “some pretty decent jobs activity.”

Officials will consider Chrysler’s request Monday.

Kokomo’s plants have added nearly 1,000 jobs since the company’s bankruptcy.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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