FCA To Invest $1B Into Warren Plant, Create 2500 Jobs
13 January, 2018, 05:07 | Author: Brenda Erickson
FCA said that the move will create 2,500 new jobs at the plant, on top of 2,000 new jobs the company announced in January past year as it tools up to build more pickups and sport utility vehicles in USA plants.
The company is also making a special bonus payment of $2,000 to approximately 60,000 FCA hourly and salaried employees in the USA, excluding senior leadership. Separately, the Euro-American automaker announced plans to pay $2,000 bonuses to 60,000 USA hourly and salaried employees this coming spring. And it invested over $1 billion in a Toledo, Ohio plant to handle the completely redesigned 2018 Jeep Wrangler. President Trump showered praises on Twitter saying, "More great news as a result of historical Tax Cuts and Reform".
To support the increased volume at the Warren facility, 2,500 new jobs will be created, above and beyond the jobs announced as part of the January 2017 announcement.
CEO Sergio Marchionne said in a statement that the announcements reflect the company's ongoing commitment to manufacturing in the US. This has resulted in the change in priorities among the vehicle manufacturers who are now manufacturing more trucks while making a reduction in their auto production, as per sources.
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