UPDATE 4-Chrysler to improve Kokomo plants, preserve jobs

Newswire

* $843 mln to upgrade Kokomo plants, retain 2,250 jobs * Investment pending Kokomo city tax abatements * Chrysler partners with ZF Group for new transmission * Obama and Biden pay a visit (Adds quotes from Chrysler CEO; edits) By Deepa Seetharaman KOKOMO, Ind., Nov 23 (Reuters) - Chrysler Group LLC said on Tuesday it planned $843 million of improvements at its Kokomo, Indiana plants that will build new more fuel efficient transmissions, retaining about 2,250 jobs. The No. 3 U.S. ...

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