State lawmakers are moving to provide millions of dollars to an incentive package needed to keep Chrysler in Fenton. The House has approved spending $16-Million as part of the package largely funded by the city of Fenton and St. Louis County. Representative John Bowman of St. Louis says the relatively small investment by the state will reap big dividends, including a direct economic impact of $4.9-Billion from the 5,500 jobs involved. Daimler Chrysler had told Fenton city officials that it would move production elsewhere if it didn’t get the concessions it desired. Chrysler plans to spend a billion dollars upgrading its two plants in Fenton. One builds mini-vans, the other builds pick-ups. The incentive package now moves to the Senate for its consideration.
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