Word: kokomo
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...Japanese have cut inventory costs by building parts plants next to assembly plants and using the same part on several car models. Now Chrysler, instead of shipping big batches of transaxles by rail from its Kokomo, Ind., plant to Belvidere, Ill., for assembly, moves smaller loads by truck, gaining at least 24 hours. Total saving on inventory from such measures: $450 million a year. Chrysler has cut the number of different parts it uses to 40,000, from 70,000. That means, for instance, that van buyers can choose only one kind of tinted glass, not two. Total savings: about...
After reading the report of the special commission appointed by Mayor Alfred E. Vellucci to examine problems at the agency he will head as of November 10, the Kokomo, Ind. native said he would "feel comfortable implementing most, if not all, of the recommendations...
...Kokomo...
Wayne Addison, 39, of Kokomo, Ind., lost his job with Chrysler last August, and has seven children to support, but claims not to be worried. "We've been cutting corners for years," he says. Addison's wife returned to work testing transistors at Delco, a division of General Motors. He buys most of the family groceries directly from farms, spending only $55 a week on food. Addison also barters his services, repairing a neighbor's clothes dryer in exchange for a new shirt. Still, Addison is bothered that his two eldest daughters must pay most...
Community aid. The Administration will provide $50 million to help rebuild old plants in such cities as Mahwah, N.J., Flint, Mich., and Kokomo, Ind., that have been jarred by auto-plant closings...