Ohio board to consider incentives for Chrysler - Cincinnati News, FOX19-WXIX TV

Ohio board to consider incentives for Chrysler

An Ohio board is scheduled to meet Monday to consider state incentives for a possible $365 million expansion of Chrysler's assembly complex in Toledo.

The Blade newspaper in Toledo reports the automaker may add a second shift with more than 1,100 new jobs.

The complex currently builds the Jeep Liberty and Dodge Nitro sport utility vehicles.

The state hasn't announced what incentives it plans to offer, but two area school districts have approved tax breaks for the project worth $68,000 a year.

The newspaper says the Ohio Tax Credit Authority also will consider incentives for a potential $72 million upgrade to Chrysler's Toledo Machining Plant. That project is expected to save 640 jobs.

The Blade reports Ohio has offered nearly $8.6 million in support of the machining project.

Copyright 2011 by The Associated Press. All Rights Reserved.

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