According to sources with knowledge of the issue, Chrysler Group LLC will expand its plant in Mexico to build more of the “Tigershark” engines that will go into many of its passenger cars.
According to a Chrysler spokesman, tomorrow Chrysler Chief Executive Sergio Marchionne and Mexican President Enrique Pena will be at the Saltillo Engine Plant in Ramos Arizpe in the Mexican state of Coahuila to formally announce the investment and new jobs.
Chrysler is to spend $164 million to expand the plant, and about 500 jobs will be added. At the moment, there are about 1,030 hourly and 174 salaried workers at the plant.
The 2-liter and 2.4-liter Tigershark engines are now only in two vehicles, the Dodge Dart and the Jeep Cherokee, but will be in future products as they are launched.
The Saltillo Engine Plant now makes the 5.7-liter and the 6.4-liter HEMI engines for larger Chrysler products including the Ram 1500 pickup truck, the Chrysler 300, the Dodge Charger, Dodge Challenger and Jeep Grand Cherokee.
Also, near Ramos Arizpe, in Saltillo, are three more plants, including one engine plant, a stamping plant and an assembly plant, which makes Ram pickup trucks.
) - Wednesday, October 9th, 2013 - filed under Chrysler
. Image credit: .
Discuss: Report – Chrysler aims to expand Mexican engine plant