Chrysler Group LLC will invest $63 million in its Warren Stamping Plant to expand capacity.
The money will be used to buy and install a high-tech, high-speed press line that will increase capacity by about 3.6 million parts per year, the automaker said in a statement Wednesday.
The 65-year-old plant provides parts stamped from sheet metal — hoods, roofs, liftgates, side apertures, fenders and floor pans — for vehicles including the Dodge Grand Caravan, Durango and Dart; Jeep Grand Cherokee; Chrysler Town & Country; and Ram trucks.
Construction of the press line has begun; production will begin in December 2015. The announcement comes after Warren City Council’s approval of the company’s tax abatement request.
Source
The Detroit News