Chrysler Group plans to build transmissions at former Indiana plant

Article by Anita Panait, on December 18, 2012

Chrysler Group plans to build parts, probably gearboxes, at a plant in Indiana that was completed in 2008 but was never occupied due to a botched joint venture and Chrysler’s bankruptcy proceedings. The Tipton County council is set to consider a tax abatement request from Chrysler Tuesday, Dec. 18, 2012, for the 781,500-square-foot plant near Tipton.

The empty factory was the planned site of joint venture between the former Chrysler LLC and German supplier Getrag. The firms had planned to produce dual-clutch transmissions for Chrysler vehicles, but the venture collapsed in late 2008.

According to Tipton County officials, Chrysler would not disclose its plans with the site, which is owned by a Colorado-based real estate company. Union sources told Automotive News that Chrysler plans to build transmissions in the $530-million plant.

Chrysler just introduced its first vehicle fitted with a dual dry clutch transmission, the 2013 Dodge Dart. The Dart uses the Fiat-sourced transmission as an optional gearbox with its turbocharged 1.4-liter engine. The joint venture plant is located around a half-hour south of Chrysler's Kokomo transmission complex and was initially set to hire 1,200 people to produce dual-clutch transmissions.

The joint venture dissolved and filed for Chapter 11 bankruptcy reorganization in November 2008. Following its dissolution, bound Solar Inc. made plans to produce solar panels at the plant, but did not push through this year due to heightened foreign competition in that industry.

The building and 106-acre property were sold in 2010 to real estate developer W.W. Reynolds for $25 million, representing a quarter of its original price. The property had been listed recently for the price of $39.5 million.

If you liked the article, share on:

Pin It

Comments

Recommended

Top Gear has revealed that for its “Stars in a Reasonably Fast Car” segment, it will now be using a slightly enhanced Toyota GT86, which in the U.S. market is...
by - March 24, 2017
Porsche is laying aside any plans of pushing another hybrid hypercar into their line-up -- at least not at this time. Oliver Blume, Porsche Global Chief confirmed in a recent...
by - March 24, 2017
Since 1993, Lexus has produced 4 generations of the Lexus GS, with the GS F amongst its newest member of the family. Unfortunately, rumors are also heating up that the...
by - March 24, 2017
In a leaked image following a presentation held in China, we learned that Czech automobile manufacturer Skoda will soon unveil 2 more new SUVs in China, resulting in a four-model...
by - March 24, 2017
McLaren is said to be designing the next generation of Sports Series, which could include a V6 hybrid among its powertrain options. It was earlier reported that the British automaker...
by - March 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries