Chrysler Invests $240 Million to Increase Engine Production

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DETROIT — Chrysler announced that it will invest nearly $240 million to increase engine capacity and add about 1,250 new jobs at several Michigan facilities, reaffirming the company’s commitment to growing its operations in southeast Michigan.

Chrysler Chairman and CEO Sergio Marchionne confirmed the company would make investments and add jobs at the following local plants:

  • Mack I Engine Plant: $198 million to produce the award-winning Pentastar V-6 engine.
  • Mack I Engine Plant: adding up to 250 new jobs.
  • Trenton North Engine Plant: investing an additional $40 million to add a flexible production line that can run both the Pentastar engine and the Tigershark I-4 engine.
  • Warren Truck Assembly Plant: adding 1,000 new jobs on a third crew in March 2013.

Marchionne, along with Detroit Mayor Dave Bing, other local officials and UAW Vice President General Holiefield, joined employees to celebrate the news at an event at the Mack I Engine Plant.

“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,” said Marchionne. “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.”

“I want to thank Mayor Bing and all the other state and local officials who worked with us to make these investments possible. 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,” said Marchionne.

Chrysler’s investments in its U.S. facilities will increase to nearly $4.75 billion since June 2009. In the same time frame, the company has added nearly 6,000 hourly jobs.

“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 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.”

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