Thursday, June 16, 2011

Chrysler: 114 million investment to re-open a factory in Michigan

As soon as reported by Automotive News, Chrysler today announced an investment of $ 114 million which will reopen with an engine plant in Michigan, which was partially closed during the past month of May. Plant, to Trenton North, you will start making components for the new V6 Pentastar which are assembled in a factory nearby, the South of Trenton.

The result will be the creation of 268 new jobs. The new six-cylinder American is currently produced, in addition to Trenton South, even in Saltillo. The decision to increase the flow of the components was necessary to meet demand which covers the engine. Today, this 3.6 V6 is already exploited by ten models of the Chrysler Group, and has a future with an international outlook, which will see him by several models of Fiat Group.

The local administration in Trenton has approved tax incentives of 50% and valid for 12 years, to facilitate the major investment house. Work will begin this year to upgrade the factory itself, for the resumption of production will occur in 2012.

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