Chrysler announced its plans to invest $238 million in three plants in Michigan and add 1,250 more jobs to increase production of its pickups and engines.
Chrysler’s CEO Sergio Marchionne, UAW Vice President General Holiefield and Detroit Mayor Dave Bing met this morning at Chrysler’s Mack Avenue Engine I plant to make the official announcement regarding the automaker’s plans. The largest investment, of $198 million, will be made on the east side of the Detroit plant, where the new equipment will be used to manufacture the 3.6-liter Pentastar V6 engine, which will be used for 11 Chrysler, Dodge and Jeep models. According to an anonymous source, Chrysler will add 250 jobs here.
Marchionne also announced its plans to add 1,000 employees at its Warren Truck by spring 2013 and boost production of its 2013 Ram 1500 pickup. The automaker will also invest $40 million at its Trenton North engine plant, where it will add a flexible assembly line to manufacture Tigershark and Pentastar engines, besides the $114 million announced in 2011. In June the Free Press reported that Chrysler plans to add a third shift at the Warren plant, which currently employs 2,300 workers.