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Chrysler Making $300 Million Into Kokomo Plant

Last updated on Thursday, June 10, 2010

(KOKOMO) - Chrysler group is making a $300 million dollar investment in its Kokomo facilities to produce a new highly efficient, eight-speed automatic transmission.

The automaker says it is the largest U.S. investment since the new Chrysler was formed last year.

The investment will help retain nearly 1,200 jobs in Kokomo.

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