Chrysler is growing again: the company today announced it plans to invest nearly $240 million and add as many as 1,250 new jobs at the Mack I Engine Plant, Trenton North Engine Plant and Warren Truck Assembly Plant.
Mack will get $198 million to add the production of the Pentastar V6 beginning in 2014. Up to 250 new jobs will be added, based on market conditions. When the 4.7-liter engine the plant currently builds is phased out in the first quarter of 2013, Mack I will begin producing crankshafts for the Trenton Engine Plant, followed by production of cylinder heads and cylinder blocks.
Trenton North will see an investment of $40 million to add a flexible production line that can run both Pentastar and Tigershark engines. This investment is in addition to the $114 million announced in June to repurpose about one-fifth, or nearly 400,000 square-feet, of Trenton North for production of core components for the Pentastar engines produced at Trenton South.
Warren Truck will get a third shift beginning in March 2013, adding 1,000 new jobs to produce the 2013 Ram 1500 pickup. Chrysler’s Mike Driehorst, writing in the Chrysler blog, notes that Warren Truck will be the third Chrysler plant to add a third shift in a year. Belvidere Assembly and Jefferson North Assembly are also now running three shifts.
Chrysler Group Chairman and CEO Sergio Marchionne confirmed the plans, saying, “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. 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.”
Marchionne was joined by Detroit Mayor Dave Bing, UAW Vice President General Holiefield and Warren Truck General Manager Bob Hollingsworth for the announcement.
“I want to thank Mayor Bing and all the other state and local officials who worked with us to make these investments possible,” Marchionne said. “Together, and with the support of our UAW partners, we are committed to building something that will have a long lasting, direct impact on this community.”
With the latest actions, Chrysler has now invested $4.75 billion in its U.S. facilities and added 6,000 new jobs since June 2009. Group’s investments in its U.S. facilities increase to nearly $4.75 billion since June 2009.
“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.”