FCA to in­vest US $ 1 bil­lion more in US

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Fiat Chrysler Au­to­mo­biles (FCA) US has con­firmed the next phase of its in­dus­tri­al­i­sa­tion plan by an­nounc­ing a to­tal $1 bil­lion in­vest­ment in plants in Michi­gan and Ohio, and the ad­di­tion of 2,000 new Amer­i­can jobs. In to­tal, FCA US has com­mit­ted in­vest­ments of more than $9.6 bil­lion in its US man­u­fac­tur­ing fa­cil­i­ties and cre­ated 25,000 new jobs to date since 2009.

The an­nounce­ment is the se­cond phase of an in­dus­tri­al­i­sa­tion plan an­nounced in Jan­uary 2016. The plan called for the re­align­ment of the com­pany’s US man­u­fac­tur­ing op­er­a­tions to utilise fully the avail­able ca­pac­ity to re­spond to a shift in mar­ket de­mand for trucks and SUVs, and to fur­ther ex­pand the Jeep and Ram brands. With the $1 bil­lion in­vest­ment, FCA US will re­tool and mod­ern­ize the Warren Truck Assem­bly Plant in Michi­gan to pro­duce the all-new Jeep Wagoneer and Grand Wagoneer, and the south plant of the Toledo Assem­bly Com­plex in Ohio to build an all-new Jeep pickup truck. These ex­pan­sion pro­grammes are planned to be com­pleted by 2020. More than 2,000 jobs also will be added to sup­port pro­duc­tion of these mod­els. The added ben­e­fit of the in­vest­ment in Warren is that it will en­able the plant to pro­duce the Ram heavy duty truck, which is cur­rently pro­duced in Mex­ico.

“The con­ver­sion of our in­dus­trial foot­print com­pletes this stage of our trans­for­ma­tion as we re­spond to the shift in con­sumer tastes to trucks and SUVs, and as we con­tinue to re­in­force the US as a global man­u­fac­tur­ing hub for those ve­hi­cles at the heart of the SUV and truck mar­ket,” Ser­gio Mar­chionne, Chief Ex­ec­u­tive Of­fi­cer of FCA NV, said.

“The ex­pan­sion of our Jeep lineup has been and con­tin­ues to be the key pil­lar of our strat­egy. Our com­mit­ment to in­ter­na­tion­alise the Jeep brand is un­wa­ver­ing, and with these last moves, we will fi­nally have the ca­pac­ity to pen­e­trate mar­kets other than the US which have his­tor­i­cally been de­nied prod­uct due to ca­pac­ity con­straints. In ad­di­tion, these all­new prod­ucts will reach new con­sumers, as well as those that have been part of the Jeep tra­di­tion,” Mar­chionne said.

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