Fiat Chrysler To Invest $1 Billion In U.S. Manufacturing, Modernizing Plants In Michigan and Ohio

By  //  January 8, 2017

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Will Add 2,000 new jobs

ABOVE VIDEO: On Tuesday, Ford said it would cancel a $1.6 billion plant planned for Mexico and instead invest $700 million in a Michigan assembly plant.

(FOX NEWS) – Fiat Chrysler said Sunday it would spend $1 billion on U.S. manufacturing, including modernizing plants in Michigan and Ohio, in a move that’s set to add 2,000 new jobs, Reuters reported.

According to the company’s plan, the plant in Warren, Michigan will be made capable of producing a pickup truck currently built in Mexico.

The Warren plant will make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A plant in Toledo, Ohio also will get new equipment to make a new Jeep pickup.

The move by Fiat Chrysler follows a similar recent announcement made by a competing auto brand.

On Tuesday, Ford said it would cancel a $1.6 billion plant planned for Mexico and instead invest $700 million in a Michigan assembly plant. Though CEO Mark Fields said the decision would have gone ahead whether or not Donald Trump was elected president, Fields also said Trump’s “pro-growth policies” gave the company’s executives confidence.

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