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from a story in the AP:


KOKOMO, Ind. -- DaimlerChrysler AG says it is considering the city where it already has two large manufacturing complexes for a new $560 million transmission plant.

The new plant would be part of a joint venture with Getrag Corporate Group of Germany for a new line of wet dual clutch transmissions, Chrysler spokesman Dave Elshoff told the Kokomo Tribune for a story Wednesday.

"We are developing a business plan for a new transmission product," Elshoff said. "That business plan will require a number of things. It will require the approval of DaimlerChrysler's board of management, state incentives and a local UAW agreement."

Elshoff said the company had reached an agreement with the United Auto Workers to move forward with the project.

Guy Barger, president of UAW Local 685, which represents workers at the company's Indiana Transmission Plant in Kokomo, declined comment on the agreement.

"Chrysler will make announcements about its products," he said. "As far as I know, Chrysler hasn't made any announcement."

About 4,200 people work at the company's Kokomo transmission and casting plants in the city some 40 miles north of Indianapolis.
 

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My grandfather worked at the komomo plant for few years before he retired about 15 or so years ago.
 
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