The public remains awed every time a U.S. car company adds even a few employees. Perhaps that is because so many tens of thousands lost jobs during the recession and bankruptcies of General Motors Co. (NYSE: GM) and Chrysler. According to WIBQ:
The job economy in Howard and Tipton counties is getting a boost after automaker Chrysler announced it’s bringing 1,250 new jobs to its transmission plants in Kokomo and Tipton.
The expansion is expected to be completed by the end 2014.
Chrysler is investing more than $370 million to expand the plants that provide transmissions for the automaker’s sedans, jeeps and pickup trucks.
That is hardly enough to increase the state’s tax base, although it may put some money into the treasuries of Howard and Tipton counties.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
