6:50 PM EST, December 17, 2012
Hope just drove into Tipton, Ind. Chrysler says it's looking to give a plant on U.S. 31 new life.
“Certainly this is just the type of thing a community like ours dreams about,” said Tipton Mayor Don Havens.
The auto maker wants to invest $162 million to produce transmissions and put 850 people to work.
“That's fantastic, 850 jobs is fantastic,” said business owner John McMath. “The tax base will increase. It's going to create jobs here as well as bring people in from around.”
McMath said as the owner of an auto parts store that works with auto plants this is good for his bottom line.
“There’s going to be businesses that need to support that kind of factory and I think we're one of those,” said McMath.
Now, the mayor of Tipton said the hard work begins as this Chrysler plant comes online, maybe sometime next year in June. The city wants to make sure the region is desirable to keep workers and build up the infrastructure.
“It's the ripple effect that we have to plan for,” said Mayor Havens. “We as a community have to figure out how to do both, be a good home community to this plant and how do we as a community benefit from this plant.”
Chrysler hopes to start making transmissions by 2014.