ˌɔn noʊvˈɛmbɚ twˈɛlv, nˈaɪntiːnhˈʌndɹɪd nˈaɪnti ˈeɪt, ðə sˈɪɾi ʌv tɑːlˈiːdoʊ, oʊhˈaɪoʊ ˈɛntɚd ˌɪntʊ ɐ dɪvˈɛləpmənt ɐɡɹˈiːmənt wɪð ˈɔːɾoʊ mˌænjuːfˈæktʃɚɹɚ dˈaɪmlɚ kɹˈaɪslɚ, fɔːɹ ɪt tə kənstɹˈʌkt ɐ nˈuː dʒˈiːp ɐsˈɛmbli plˈænt nˌɪɹ ɪts ɛɡzˈɪstɪŋ fəsˈɪlᵻɾi ɪn ɛkstʃˈeɪndʒ fɔːɹ vˈɛɹiəs tˈæks ɪnsˈɛntɪvz.
On November 12, 1998, the city of Toledo, Ohio entered into a development agreement with auto manufacturer DaimlerChrysler, for it to construct a new Jeep assembly plant near its existing facility in exchange for various tax incentives.