Delphi says $89.3M grant will help develop systems for electric-drive vehicles in IndianaBy AP
Friday, December 18, 2009
Delphi details plans for $89.3M federal grant
KOKOMO, Ind. — Delphi Corp. has announced it will use an $89.3 million federal stimulus grant to help develop systems for electric-drive vehicles at a vacant manufacturing site in Kokomo.
The Troy, Mich.-based automotive supplier announced Friday it would match the grant as part of a three-year investment that includes expanding its power electronics business line.
Delphi expects the first products from the new facility will be parts and systems for Allison Transmission, an Indianapolis-based maker of commercial-duty automatic transmissions, hybrid propulsion systems and parts for trucks and buses, off-highway equipment and military vehicles.
Delphi said it expects to add about 190 employees as a result of government and business awards.