Category: News Briefs Published on Thursday, 15 November 2012 13:33 Written by WWJ
DETROIT (WWJ) - Chrysler announced on Thursday the company is investing $240 million in three Detroit area plants, adding 1,250 new jobs.
“Today is another important milestone in living up to the commitment we made more than three and a half years ago to our employees, this city, this region and our country to transform this company,” said Chrysler CEO Sergio Marchionne. “All of these investments are the direct result of a lot of people who have battled courageously to bring Chrysler back to a state of growth. It is our contribution toward helping southeastern Michigan get back on its feet.”
Among the investments being announced by Chrysler:
Mack I Engine Plant: $198 million to produce the Pentastar (V-6) engine
Mack I Engine Plant: adding up to 250 new jobs at Mack I, subject to market conditions
Trenton North Engine Plant: investing an additional $40 million to add a flexible production line that can run both the Pentastar engine and the Tigershark (I-4) engine
Warren Truck Assembly Plant: adding 1,000 new jobs on a third crew in March 2013 to produce the 2013 Ram 1500
Chrysler has now invested nearly $4.75 billion in U.S. facilities since its June 2009 emergence from bankruptcy. They’ve added nearly 6,000 jobs. Most of those new positions are “second tier” with pay roughly half of what veteran auto workers make.
“These new investments and new jobs are a testament to the determination we all had – management, labor and our workforce – to making the best of the second chance we were given in 2009,” said General Holiefield, Vice President and Director of the UAW Chrysler Department. “In partnership with the UAW, Chrysler Group is helping grow good paying manufacturing jobs and securing the future manufacturing base in this country.”
Digital Daily Signup
Sign up now for the Michigan Chronicle Digital Daily newsletter!