Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Chrysler plans $500M upgrade, 1,100 new jobs at Toledo plant

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
SpartanDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-16-11 12:19 PM
Original message
Chrysler plans $500M upgrade, 1,100 new jobs at Toledo plant
Source: Detroit News

Bryce G. Hoffman/ The Detroit News

Toledo Chrysler Group LLC CEO Sergio Marchionne Wednesday announced a $500 million investment in the company's Toledo Assembly Complex and the addition of a second shift that will create about 1,100 new jobs at the site.

It is part of a broader $1.7 billion investment the company is making to produce the next-generation Jeep sport utility vehicle in 2013. The $500 million investment includes a 260,000-square-foot expansion to the existing body shop and other upgrades to the factory complex. The rest of the money will be invested at other Chrysler facilities and supplier factories across the United States.

"(This) will cement even further our bonds with this great community," Marchionne told a crowd of workers and local dignitaries at the plant Wednesday morning. "I want to express my appreciation to our Chrysler people here at the Toledo Assembly Complex, along with our UAW partners, for helping us create a work environment dedicated to quality and with the flexibility to compete with the best plants anywhere in the world."

The current 3.64-million-square-foot Toledo complex employs 1,677 hourly workers and 129 salaried employees.



Read more: http://www.detnews.com/article/20111116/AUTO01/111160392/Chrysler-plans-$500M-upgrade--1-100-new-jobs-at-Toledo-plant
Printer Friendly | Permalink |  | Top
sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-16-11 12:30 PM
Response to Original message
1. Nice! Delivered to the Jeep plant plenty of times in the 90's.
Printer Friendly | Permalink |  | Top
 
Dawgs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-16-11 01:35 PM
Response to Original message
2. Good for Toledo. A lot of family and friends there. n/t
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri May 17th 2024, 10:18 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC