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Public to learn of Fenton Chrysler deal Monday

By AP/KWMU

St. Louis – Fenton residents will find out Monday just how much money automaker DaimlerChrysler AG will invest in their town.

The company says Chrysler executives will meet with Governor Matt Blunt in Fenton to announce the investment then.

The announcement comes after Blunt's office finalized an incentive package with Chrysler.

Neither the Governor's office nor Chrysler would outline details of the incentive plan or the size of the company's investment.

The automaker previously proposed investing more than $1 billion in Fenton.

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