Kokomo Tribune; Kokomo, Indiana

Breaking News

Local News

July 7, 2011

After big business deals, Abound Solar progresses toward move

Tipton — A second production line is almost installed in Colorado and a third will go in before a solar manufacturer moves into Tipton County, company and county officials said last week.

It has been just more than a year since President Barack Obama announced Abound Solar Inc. was using a $400 million federal loan guarantee to expand into Tipton County and create more than 800 jobs in the area.

Abound, which produces thin-film photovoltaic modules, in December closed on its government-backed loan from the U.S. Department of Energy.

The company has used the money, combined with private investments, to install a second line at its existing factory in Longmont, Colo. A third will go in in Longmont, then attention will turn to Tipton County.

Russell Kanjorski, vice president of marketing for Abound, said the company remains on track with its original plans to begin installing production equipment in late 2012 or early 2013.

“That doesn’t mean things aren’t happening in Tipton,” Kanjorski said.

Abound took control of the building when it received its loan in December and signed a long-term lease with a real estate developer in Colorado.

Contractors have visited the facility to assess what repairs and construction remains.

The plant sprawls over roughly 800,000 square feet at the northeast corner of U.S. 31 and Ind. 28. No one has occupied it since 2008, when previous owners Chrysler Corp. and Getrag Transmission backed out of the construction of an almost finished transmission factory.

Tipton County Commissioner Jane Harper said a lack of climate control in the incomplete plant caused patches of mold on walls, and a storm earlier this year caused minor damage. Crews have made those repairs and also cleared remaining clutter that Chrysler and Getrag left when they abandoned the building.

Abound could begin looking as early as late 2011 or early 2012 to hire managers to oversee the Tipton start-up, Kanjorski said. Most positions will open when the factory starts operating in 2013. Production will ramp up, so Abound will gradually create its projected 800 to 1,000 jobs, he said.

Text Only | Photo Reprints
Local News
  • BK rebuild 04 Peru restaurant B-K West rebuilding after tornado PERU -- B-K West is more than just a drive-in restaurant to its owner, J.D. Hann. It's a piece of his childhood, a historic Peru landmark, and it's his baby. "I grew up with this place," the 57-year-old Peru native said. "We used to walk the tracks o

    April 16, 2014 7 Photos

  • Congresswoman Susan Brooks backs manufacturing training efforts Congresswoman Susan Brooks' own personal manufacturing experience may have been limited to three months in a Kendallville caramel factory as a college student, but in her congressional roles, she's having an impact on the skills debate. In Kokomo Tue

    April 16, 2014

  • Superintendent of Ind Ed 01 State Superintendent Glenda Ritz visits Peru, discusses new standards PERU -- State Superintendent of Public Instruction Glenda Ritz said Tuesday she is comfortable with the quick pace at which new academic standards are moving from concept to classroom. The Indiana Department of Education released a final draft of new

    April 16, 2014 4 Photos

  • Chrysler CEO will headline Tipton plant opening Chrysler CEO Sergio Marchionne will preside over the grand opening of the company's fifth north central Indiana plant, the Tipton Transmission Plant, at a ceremony May 13, company officials announced Tuesday. In February 2013, Chrysler announced it w

    April 16, 2014

  • More than 70 businesses participate in annual job fair More than 70 local businesses got a look at the workforce of tomorrow during Tuesday's Kokomo Area Job Fair at the Ivy Tech Kokomo Event & Conference Center. The event, put on as a partnership between Indiana University Kokomo and Ivy Tech Community

    April 16, 2014

  • Kokomo episode of 'My First Home' airs Saturday A cautious cat-lover will search for the perfect house in Kokomo on Saturday's episode of "My First Home" on TLC. The episode airs at noon and features Kokomo real estate agent Gena Martin and first-time homebuyer Steven Underwood. In its description

    April 16, 2014

  • Easter basket workshop Thursday Generous individuals and businesses in town donated enough candy, games and books to fill more than 500 Easter baskets at this year's Tom Carey Easter Basket Workshop. The workshop starts at 10 a.m. Thursday. Any families that are strapped for cash t

    April 16, 2014

  • IUK to give Chrysler CEO Sergio Marchionne honorary degree Chrysler CEO Sergio Marchionne will be at Indiana University Kokomo’s May 13 commencement to accept an honorary degree from Indiana University President Michael McRobbie, IUK officials announced. In a statement, McRobbie credited Marchionne with engi

    April 15, 2014

  • Cheryl Marner aims to cross finish line during this year's Boston Marathon Cheryl Marner was a mile from the finish line at last year's Boston Marathon when all of the runners in front of her suddenly stopped. The race had come to a halt, and at the time, she didn't know why. "There was a lot of confusion," she said. "I hea

    April 15, 2014

  • Property taxes to increase Many of the residents in Howard County can expect an increase in their property taxes when bills are mailed out later this week. Tax rate increases, a smaller homestead tax credit collection from the state and a decrease in the county's overall net a

    April 15, 2014

Latest news
Featured Ads
Only on our website
AP Video
Raw: Ferry Sinks Off South Korean Coast Town, Victims Remember Texas Blast Freeze Leaves Florida Panhandle With Dead Trees At Boston Marathon, a Chance to Finally Finish Are School Dress Codes Too Strict? Raw: Fatal Ferry Boat Accident Suspicious Bags Found Near Marathon Finish Line Boston Marks the 1st Anniversary of Bombing NYPD Ends Muslim Surveillance Program 8-year-old Boy Gets His Wish: Fly Like Iron Man Sex Offenders Arrested in Slayings of CA Women India's Transgenders Celebrate Historic Ruling Tributes Mark Boston Bombing Anniversary Raw: Kan. Shooting Suspect Faces Judge
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries