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A Kokomo-based engineering and manufacturing company has announced plans to expand. Coan Engineering, a leading designer of high performance transmissions, torque converters and related components, will be investing $1.4 million at their new Kokomo facility. Read More
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The City of Kokomo has been awarded the distinguished Luminary Award for Emergency Response from the Northern Indiana Public Service Company (NIPSCO).

In selecting Kokomo, NIPSCO officials cited, “The City of Kokomo and its Emergency Response Team is being recognized for its response to the devastating tornadoes that caused widespread damage on November 17, 2013. The tornado’s devastation that day was extensive, and Mayor Greg Goodnight and the City of Kokomo’s Police, Fire and EMA personnel rose to the challenge to protect life, property and respond to the needs of residents.”

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Kokomo’s unemployment rate shrank by more than two percentage points between August, 2013 and August 2014. For the same period, Kokomo’s labor force increased by 1,817.

According to the U.S. Bureau of Labor Statistics (BLS,) the Kokomo Metropolitan Statistical Area unemployment rate was 7.9 percent in August, 2013 and dropped to 5.7 percent in August, 2014.

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Downtown Kokomo’s historic district has a new restaurant with a diner atmosphere.

Gabetta’s, 503 N. Buckeye St., is the first of several restaurants and specialty shops set to open in Kokomo’s recently redeveloped Lake Erie & Western Depot Historic District, which is on the National Register of Historic Places.   The historic district has attracted several new ventures including the Residences at Washington Street, a $9 million, four-story apartment complex that opened earlier this year. In addition to several new restaurants including Boondocks, a neighborhood bakery and retail shops are slated to soon open in the district where the Industrial Heritage Trail passes.

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