DaimlerChrysler Starts Construction On Indiana Transmission Plant.(Brief Article)

DaimlerChrysler said they has started construction on a $455 million project at their Indiana Transmission Plant (ITP) located in Kokomo, Indiana. The project plan is for production of the "W5A580," a Mercedes-Benz developed transmission. The five-speed, automatic, rear-wheel drive transmission, currently built in the company's Hedelfingen, Germany plant just outside Stuttgart, is used in the current Mercedes-Benz S, E, C and M-Class vehicles, the company said.

The plant is expected to produce 400,000 "W5A580" transmissions, which will be used in future Chrysler, Dodge, and Jeep products, the company said. Equipment should be in place by summer 2002 and manufacturing of the transmissions is slated to begin in 2003.

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