FCA Announces Plan to Invest More Than $1 Billion in Michigan Plant, Add 2,500 New Jobs

Posted on 12. Jan, 2018 by in Chrysler Canada

January 11, 2018

, Auburn Hills, Mich.

FCA announced currently dual actions done probable in partial by a thoroughfare of U.S. taxation remodel legislation late final year — an additional investment in a U.S. prolongation operations and a special remuneration to commend employees for their continued efforts toward a success of a Company.
 
First, a Company reliable that it will deposit some-more than $1 billion to update a Warren Truck Assembly Plant (Michigan) to furnish a next-generation Ram Heavy Duty truck, that will immigrate from a stream prolongation plcae in Saltillo, Mexico, in 2020. This investment is in further to a proclamation done in Jan 2017, that committed to spending a apportionment of $1 billion in Warren Truck Assembly to enhance a Jeep® product line with a further of a all-new Jeep Wagoneer and Grand Wagoneer. The Saltillo Truck Assembly Plant will be repurposed to produce future commercial vehicles for tellurian distribution.
 
To support a increasing volume during a Warren facility, 2,500 new jobs will be created, above and over a jobs announced as partial of a Jan 2017 announcement.
 
Second, a Company reliable that it will make a special reward remuneration of $2,000 to approximately 60,000 FCA hourly and salaried employees in a U.S., incompatible comparison leadership. The payment, that recognizes employees for their continued joining to a Company’s success, will be done in the second entertain of this year, and will be in further to any distinction pity and salaried opening bonuses that employees would differently be authorised to accept in 2018. The special reward will be paid to all authorised employees of a FCA automotive and components operations in a U.S.
 
“These announcements simulate a ongoing joining to a U.S. prolongation footprint and a dedicated employees who have contributed to FCA’s success,” pronounced Sergio Marchionne, Chief Executive Officer, FCA. “It is usually correct that a employees share in a assets generated by taxation remodel and that we plainly acknowledge a ensuing alleviation in the U.S. business sourroundings by investing in a industrial footprint accordingly.”
 
Investment in U.S. Manufacturing Grows
FCA has invested $10 billion in a U.S. prolongation operations given Jun 2009. Most recently, a Company announced investments totaling $3.5 billion, with a further of 3,700 new jobs, to strengthen a U.S. prolongation base, and align U.S. ability to extend a Jeep and Ram product lines.
 
Those investments and associated actions involved production shifts during 3 plants in Illinois, Ohio and Michigan to benefit ability for a Jeep Cherokee, Jeep Wrangler and Ram Light Duty truck, and a introduction of 3 new Jeep models during plants in Ohio and Michigan.
 
The investments include: 

  • $350 million in a Belvidere Assembly Plant (Illinois) to furnish a Jeep Cherokee, that changed from Toledo, Ohio, in 2017. More than 300 new jobs were combined to support production.
  • $700 million in a Toledo Assembly Complex (Ohio) to retool a North plant to furnish a next-generation Jeep Wrangler. Approximately 700 new jobs will be combined to support production.
  • $1.5 billion in a Sterling Heights Assembly Plant (Michigan) to build a next-generation Ram 1500 truck. More than 700 new jobs will be combined to support production.
  • $1 billion in a south plant of a Toledo Assembly Complex to ready a trickery to furnish an all-new Jeep truck, and in a Warren Truck Assembly Plant to update a plant to build a all-new Jeep Wagoneer and Grand Wagoneer. More than 2,000 new jobs will be combined during these dual plants to support production. 

The plant investment actions announced currently are theme to a traffic and final capitulation of incentives by state and internal entities.

About FCA
Fiat Chrysler Automobiles N.V. (“FCA”), a seventh-largest automaker in a universe formed on sum annual car sales, is an general automotive group. FCA is listed on a New York Stock Exchange underneath a pitch “FCAU” and on a Mercato Telematico Azionario underneath a pitch “FCA.”
 

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