Delphi details plans for $89.3M federal grant

AP News
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Posted: Dec 18, 2009 6:32 PM

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.