Toledo Business Expansions

Toledo's Dana Corp., Toledo Molding & Die Inc., and a Canadian firm plan to open three north Toledo factories, creating 330 jobs to supply auto parts for upcoming Jeep and Dodge sport-utility vehicles to be built nearby.

The two Toledo companies and Decoma Systems are gearing up to supply DaimlerChrysler AG's $2.1 billion expansion of Toledo Jeep Assembly, which is to begin making a redesigned Jeep Wrangler, a four-door Wrangler, and a Dodge SUV next year.

Incentives involved? You bet. The mayor's office plans a news conference today to discuss the four projects, and legislation on economic development incentives will be introduced to city council this week.

More here.