UPDATE 1-Chrysler plans $843 mln to improve Kokomo plants

Newswire

* Plan would retain 2,250 jobs, add new transmission * Investment pending Kokomo city tax abatements * Chrysler partners with ZF Group on transmission * President Obama to speak later on Tuesday KOKOMO, Ind, Nov 23 (Reuters) - Chrysler Group LLC said on Tuesday it is looking to invest $843 million to improve its Kokomo, Indiana, plants to produce a new transmission and retain about 2,250 jobs. Chrysler said the Kokomo improvements would push its total investment in U.S. facilities ...

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