Chrysler plans to move to a four-day work week with longer hours each day.
Chrysler, GM and Ford all showed double-digit growth this month.
They are also trying to gain support for the educational facilities in the area.
Kokomo’s mayor says he’s seeing signs beyond the repayment of back property taxes that may indicate Chrysler’s new leadership may view Howard County favorably.
Kokomo Mayor Greg Goodnight believes the refinancing arrangement validates the Obama administration‘s decision to bailout the industry two years ago.
Howard County officials say a 10.4 million dollar check from Chrysler will help the city pay debt.
It was only three years ago when Forbes Magazine declared Kokomo as one of the nation‘s fastest dying cities.
President Barack Obama and Vice President Joe Biden traveled to Kokomo Tuesday as part of their Main Street tour.
President Obama and Vice-President Biden are visiting Kokomo on Tuesday.