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Chrysler Upgrades Indiana Plant with $300 Million

Chrysler is keeping production of their new classics like the 300 and Town & Country Minivan in America. The auto maker is upgrading their Kokomo, Indiana assembly line with the hefty price tag of around $300,000,000!

Chrysler Group just announced the $300 million plan for its Kokomo, Ind., factory (otherwise known as The Indiana Transmission Plant) to make advanced, fuel-efficient, eight-speed automatic transmissions.

As the U.S. Government begins putting restrictions on transmissions and braking systems, American automakers are scrambling to meet these more stringent fuel-economy rules. Vehicles in North America will have to meet higher average MPG rating…