10-18-2010, 08:36 AM
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Super Moderator
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Join Date: Nov 2006
Location: Indiana
Posts: 9,565
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Kokomo: Back from the brink
Kokomo: Back from the brink
A year and a half ago, Kokomo was on the verge of disaster. Now downtown is revitalized and businesses are moving in.
October 18, 2010
Quote:
A year and a half ago the fate of this car town, home to four Chrysler plants and a Delphi facility, was as uncertain as the American auto industry itself.
Now, thanks largely to the federal government, the town's unemployment rate has gone from over 20% to under 14%.
Chrysler, which had idled 3,500 hourly workers in Kokomo a year and a half ago, recently announced $350 million in new investments that will make the city the hub of North American manufacturing for its next-generation transmissions. All those people have been put back to work, and 700 others have been hired.
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Complete Article Link: Kokomo, Ind.: Back from the brink - Oct. 18, 2010
__________________
Rick
Nitro Year: 2007 (1 of 113,000 sold)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
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