Howard County, Indiana—home to the city of Kokomo—has long been a center for the automotive industry. Or at least it was until that industry and others began to shift overseas in recent decades. By 2008, when Chrysler, the town’s largest employer, teetered on extinction, Forbes named Kokomo the third-fastest dying city in America; during the financial collapse of 2009, fully 40 percent of its home sales were foreclosures.

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