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post #1 of 32 (permalink) Old 07-15-2016, 12:22 PM Thread Starter
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Thumbs up FCA Assembly Plant News

FCA US Belvidere Assembly Joins the Ranks of Bronze Plants in World Class Manufacturing

Recognition comes on heels of announcement that plant will build Jeep® Cherokee

Company’s Illinois assembly plant becomes 15th FCA North American facility to achieve milestone award

Award recognizes progress toward becoming World Class


July 14, 2016 , Auburn Hills, Mich. -

The FCA US Belvidere Assembly Plant (Ill.) received two pieces of good news today – the first confirming that it would build the Jeep® Cherokee when it moves from its current home in Toledo, Ohio, in 2017, and the second announcing that it has been awarded bronze status for its efforts to improve in World Class Manufacturing (WCM).

As the 15th North American plant to receive a bronze designation, Belvidere Assembly earned a minimum of 50 points in 10 technical and 10 managerial pillars following a two-day audit on July 13-14, during which the plant demonstrated clear WCM know-how and competence through employee-conducted pillar presentations and a review of projects that have been implemented across the shop floor.

As the plant was finishing its audit today, the Company announced that it would invest $350 million in the Illinois facility to retool it to produce the Jeep Cherokee. Nearly 300 new jobs will be created. Production of the Dodge Dart and the Jeep Compass/Jeep Patriot will end in September 2016 and December 2016, respectively.


“Today is an exciting and important day for the Belvidere plant as these announcements solidify the plant’s future as an integral part of our industrial footprint,” said Brian Harlow, Vice President – Manufacturing, FCA North America. “Not only did the employees demonstrate their commitment to implementing WCM and were recognized with the bronze designation, but the pride and integrity with which they build our vehicles has secured their plant’s position as the next production home of the Jeep Cherokee. We applaud the Belvidere workforce for both of these accomplishments and look forward to the next chapter in the plant’s history.”

The achievement of WCM award levels, as confirmed through independent audits, recognizes the long-term commitment of the workforce to making significant changes that can secure the future of a facility. Awarded plants also have a role in accelerating the implementation of WCM throughout the organization as coaches and mentors.

“Our UAW partners have embraced the WCM methodology, understanding that its implementation is essential to our long-term success,” said Harlow. “The active participation of our hourly employees, through their ideas and input, is critical to making FCA US manufacturing facilities among the best in the world.”

World Class Manufacturing is a methodology that focuses on eliminating waste, increasing productivity and improving quality and safety in a systematic and organized way. WCM engages the workforce to provide and implement suggestions on how to improve their jobs and their plants, promoting a sense of ownership.

WCM was first implemented by Fiat in 2006 and introduced to Chrysler Group as part of the alliance between the two companies in June 2009.

During an audit, zero to five points are awarded for each of the 10 technical pillars, which include safety, workplace organization, logistics and the environment, and for each of the 10 managerial pillars, such as management commitment, clarity of objectives, allocation of people, motivation of operators and commitment of the organization. A score of 85 would indicate World Class.

Of the 15 plants that have achieved bronze, three have gone on to be awarded silver - Windsor Assembly Plant (Ont.) in March 2015, Dundee Engine Plant (Mich.) in May 2015 and Toledo Assembly Complex in May 2016. The 11 facilities that currently hold the WCM bronze designation are:

Saltillo Truck Assembly Plant (Mexico)
Saltillo South Engine Plant (Mexico)
Trenton Engine Complex (Michigan)
Warren Stamping Plant (Michigan)
Indiana Transmission Plant II (Kokomo, Indiana)
Kokomo Transmission Plant (Indiana)
Kokomo Casting Plant (Indiana)
Toluca Assembly Plant (Mexico)
Sterling Stamping Plant (Sterling Heights, Michigan)
Brampton Assembly Plant (Ontario, Canada)
Tipton Transmission Plant (Indiana)


About the Belvidere Assembly Plant

Construction of the Belvidere Assembly Plant began in 1964 and the first car rolled off the line on July 7, 1965. Over the years, the plant has produced a variety of models from the Chrysler, Jeep, Dodge and Plymouth brands. Following the alliance between Fiat and Chrysler Group in 2009, the Company invested $700 million in the plant to construct an all-new body shop to produce the Dodge Dart, a vehicle that showcased the combined engineering and technologies of the two companies. In addition to the Dart, the plant also currently produces the Jeep Compass and Jeep Patriot. More than 342,500 vehicles were built in 2015. The plant employs nearly 4,300 people working a 3-2-120 operating pattern – three crews working four 10-hour days on two shifts for 120 production hours per week.

Belvidere was awarded a LEED (Leadership in Energy and Environmental Design) Gold Green Building System certification for meeting the highest environmental standards in April 2015. LEED, administered by the United States Green Building Council, is a comprehensive system to define, measure and validate green buildings. Certification in the national recognition program is based on strict standards in five key areas: site planning, water management, energy, material use and indoor environmental quality.

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post #2 of 32 (permalink) Old 07-15-2016, 12:25 PM Thread Starter
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Lightbulb FCA $1 billion Investments in assembly plants

FCA US Announces Investments in Illinois and Ohio Facilities

Investments in assembly plants total more than $1 billion

1,000 new jobs to be created

Plants will be retooled to support growth of Jeep® brand

Brings total U.S. investment to more than $6.8 billion with more than 23,500 jobs created since June 2009


July 14, 2016 , Auburn Hills, Mich. -

FCA US LLC today announced that it will invest more than $1 billion in its assembly plants in Illinois and Ohio to retool them to support the future growth of the Jeep® brand. As a result of these investments, 1,000 new jobs will be created, subject to market conditions.

The Belvidere Assembly Plant (Ill.) will receive an investment of $350 million to produce the Jeep Cherokee, which will move from its current production location in Toledo, Ohio, in 2017. Approximately 300 new jobs will be created. Production of the Dodge Dart and the Jeep Compass/Jeep Patriot will end in September 2016 and December 2016, respectively.

The Company will also invest $700 million in the Toledo Assembly Complex (Ohio) to retool the North plant to produce the next generation Jeep Wrangler. Approximately 700 new jobs will be added. An announcement regarding the future of the South plant will be made at a later date.

These production actions are subject to the formal approval of incentives by state and local entities.

Since 2009, FCA US has announced investments of more than $6.8 billion and added more than 23,500 (including nearly 18,000 hourly) people in its U.S. operations.

Forward-Looking Statements
This press release contains forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, “intend”, or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on the current expectations and projections about future events and, by their nature, are subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in such statements as a result of a variety of factors, including: the Group’s ability to reach certain minimum vehicle sales volumes; developments in global financial markets and general economic and other conditions; changes in demand for automotive products, which is highly cyclical; the Group’s ability to enrich the product portfolio and offer innovative products; the high level of competition in the automotive industry; the Group’s ability to expand certain of the Group’s brands internationally; changes in the Group’s credit ratings; the Group’s ability to realize anticipated benefits from any acquisitions, joint venture arrangements and other strategic alliances; potential shortfalls in the Group’s defined benefit pension plans; the Group’s ability to provide or arrange for adequate access to financing for the Group’s dealers and retail customers; the Group’s ability to access funding to execute the Group’s business plan and improve the Group’s business, financial condition and results of operations; various types of claims, lawsuits and other contingent obligations against the Group; disruptions arising from political, social and economic instability; material operating expenditures and other effects from and in relation to compliance with environmental, health and safety regulation; developments in labor and industrial relations and developments in applicable labor laws; increases in costs, disruptions of supply or shortages of raw materials; exchange rate fluctuations, interest rate changes, credit risk and other market risks; political and civil unrest; earthquakes or other disasters and other risks and uncertainties. “The Group” as used herein refers to Fiat Chrysler Automobiles N.V. (the “Company“) together with its subsidiaries, or any one or more of them, as the context may require.

Any forward-looking statements contained in this press release speak only as of the date of this document and the Company does not undertake any obligation to update or revise publicly forward-looking statements. Further information concerning the Group and its businesses, including factors that could materially affect the Company’s financial results, is included in the Company’s reports and filings with the U.S. Securities and Exchange Commission, the AFM and CONSOB.

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FCA US Tipton Transmission Plant Earns Bronze

FCA US Tipton Transmission Plant Earns Bronze in World Class Manufacturing; Recognition Achieved in Record Time

Tipton Transmission becomes fourth Indiana and 14th FCA North American facility to achieve milestone award

Award achieved in just over two years, the fastest of any North American plants

Award recognizes progress toward becoming World Class

July 12, 2016 , Auburn Hills, Mich. -

The FCA US Tipton Transmission Plant has been awarded bronze status for its efforts to improve in World Class Manufacturing (WCM), becoming the fastest North American plant to receive this designation.

As the Company’s newest plant, Tipton Transmission reached the bronze milestone just over two years after starting production of the new nine-speed transmission in April 2014. FCA US announced in February 2013 that it would acquire the existing Indiana facility and invest $162 million to establish a second assembly site for the nine-speed transmission, creating up to 850 new jobs. The facility now supplies transmissions for the Chrysler Pacifica, Chrysler 200, Jeep® Cherokee, Jeep Renegade (produced in Italy at the Melfi Assembly Plant) and Ram ProMaster City (produced at the TOFAS plant in Bursa, Turkey).

Tipton was awarded bronze following a two-day audit on July 11 and 12 during which the plant earned a minimum of 50 points in 10 technical and 10 managerial pillars by demonstrating clear WCM know-how and competence through employee-conducted pillar presentations and a review of projects that have been implemented across the shop floor.

This latest WCM recognition makes Tipton Transmission the fourth Indiana and 14th North American manufacturing facility to achieve bronze. Of the 14 plants, three have gone on to be awarded silver - Windsor Assembly Plant (Ont.) in March 2015, Dundee Engine Plant (Mich.) in May 2015 and Toledo Assembly Complex in May 2016.


“From the day the doors first opened, Tipton Transmission has been working diligently to not only build one of the most advanced transmissions on the market, but to implement World Class Manufacturing,” said Brian Harlow, Vice President – Manufacturing, FCA North America. “As they established a new manufacturing location, launched production and on-boarded new employees, the Tipton workforce also challenged themselves to reach bronze in record time. Today’s award recognizes their hard work and dedication to integrating WCM into all aspects of the plant’s culture and achieving their goal. We extend our congratulations to all of the employees at our newest bronze plant.”

The achievement of WCM award levels, as confirmed through independent audits, recognizes the long-term commitment of the workforce to making significant changes that can secure the future of a facility. Awarded plants also have a role in accelerating the implementation of WCM throughout the organization as coaches and mentors.

“Our UAW partners have embraced the WCM methodology, understanding that its implementation is essential to our long-term success,” said Harlow. “The active participation of our hourly employees, through their ideas and input, is critical to making FCA US manufacturing facilities among the best in the world.”

World Class Manufacturing is a methodology that focuses on eliminating waste, increasing productivity and improving quality and safety in a systematic and organized way. WCM engages the workforce to provide and implement suggestions on how to improve their jobs and their plants, promoting a sense of ownership.

WCM was first implemented by Fiat in 2006 and introduced to Chrysler Group as part of the alliance between the two companies in June 2009.

During an audit, zero to five points are awarded for each of the 10 technical pillars, which include safety, workplace organization, logistics and the environment, and for each of the 10 managerial pillars, such as management commitment, clarity of objectives, allocation of people, motivation of operators and commitment of the organization. A score of 85 would indicate World Class.

In addition to the three silver plants, there are currently 10 facilities that hold the WCM bronze designation:

Saltillo Truck Assembly Plant (Mexico)
Saltillo South Engine Plant (Mexico)
Trenton Engine Complex (Michigan)
Warren Stamping Plant (Michigan)
Indiana Transmission Plant II (Kokomo, Indiana)
Kokomo Transmission Plant (Indiana)
Kokomo Casting Plant (Indiana)
Toluca Assembly Plant (Mexico)
Sterling Stamping Plant (Sterling Heights, Michigan)
Brampton Assembly Plant (Ontario, Canada)
Tipton Transmission Plant (Indiana)

Rick

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post #4 of 32 (permalink) Old 07-17-2016, 03:14 AM Thread Starter
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$4.5 billion over 20 years

$4.5 BILLION OVER 20 YEARS
Keeping Jeep in Toledo a massive investment


July 17, 2016

Over the last 20 years, more than $4.5 billion has been invested to support Jeep production in Toledo, a staggering sum of money even for an industry that’s known to be exceptionally capital intensive.

Quote:
“That’s a very, very large number when you would compare that to other places. Very few communities have seen investment in the auto industry like Toledo has,” said Paul Toth, president of the Toledo-Lucas County Port Authority.

After decades of workers toiling at what became the industry’s oldest operating plant, and a serious threat in the late 1990s that Toledo could lose Jeep production altogether, the city has been repeatedly rewarded with one of the nation’s most modern and efficient automotive assembly complexes.

That title will be furthered in the coming year as Fiat Chrysler Automobiles moves forward with plans announced last week to invest $700 million to retool part of its Toledo Assembly Complex to make the next generation of the Jeep Wrangler.

The Toledo Assembly Complex began with a $1.2 billion investment, announced in 1997, to develop and build a new plant for the upcoming Jeep Liberty, which debuted in 2001. The plant later got a major expansion as part of a $2.1 billion investment in a new Wrangler, which debuted in 2006. In 2011, the complex got $500 million to support the new Jeep Cherokee, which remains in production today.

The latest investment, of $700 million, solidifies the future of Jeep in Toledo for many.

“That’s a huge capital investment and it really puts the anchor in the ground for us,” said Bruce Baumhower, president of United Auto Workers Local 12, which represents the Toledo Jeep workers. “You don’t spend that kind of money in a place and then walk away from it.”

Those series of investments over two decades came from a number of different corporate owners. The fact that they all saw value in Toledo isn’t lost on Mr. Baumhower.

“There’s been times where our companies were in trouble,” he said. “We always had some comfort in knowing we had valuable assets there for someone else to use.”

Next year, to prepare Toledo Assembly for the next Wrangler, Fiat Chrysler will ship Jeep Cherokee production to a plant in northern Illinois. That will free up space for the company to retool the north section of the assembly complex to accommodate the new Wrangler.

Finding a way to ramp up the new Wrangler while simultaneously building enough current Wranglers to satisfy what remains strong demand — sales topped 20,000 units last month for only the second time ever — was one of the most crucial points Fiat Chrysler had to address in its plans for Toledo.

It isn’t clear exactly when the retooling work will begin, though it’s likely to start sometime in the first half of next year. Industry insiders have said they expect the Toledo plant to continue building the Cherokee into next year’s first quarter.

Fiat Chrysler said only the move would happen in 2017.

A top company official recently said the next generation of the Wrangler would likely make its public debut sometime in 2017. The company has not said when the vehicle will go on sale, but it may not be in dealer lots until 2018.

That the Wrangler would stay in Toledo wasn’t exactly a secret, but last week’s announcement confirmed it.

“We’ve been working on it for a while,” said Chuck Padden, the manager of the Toledo Assembly Complex. “It’s nice to just get it out there and make it official.”

The company hasn’t fully detailed how that $700 million will be spent, though officials say transforming a plant that was building the more car-like Cherokee to make the traditional, body-on-frame Wrangler will take a lot of work, even though that plant is up-to-date.

In fact, by Fiat Chrysler’s own internal metrics, Toledo Jeep is one of the company’s best. The complex this year received a silver-status award in world class manufacturing, making Toledo the second North American assembly plant owned by Fiat Chrysler to achieve the designation and the company’s first U.S. assembly plant to do so.

With Jeep sales growing and $700 million worth of new tooling coming to Toledo soon, there’s no doubt the city’s plant has a long future.

Fiat Chrysler said an announcement regarding the future of the current Wrangler factory at Toledo Assembly will be made later.

The prevailing belief by industry insiders is that Fiat Chrysler will convert that plant to build the yet-to-be-seen Jeep pickup, which the company’s chief executive officer confirmed had been given a green light this year at the North American International Auto Show.

Mr. Toth, at the port authority, said the benefit of these investments doesn’t stop at Fiat Chrysler.

“Think about all the other companies like [automotive suppliers] Kuka and Mobis, and Toledo Molding and Die, and all these other tier-one suppliers,” he said, noting Dana Holding Corp. has committed to open a new Toledo factory. “Part of the reason is the sheer volume of Wrangler and Wrangler pickup trucks.”
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$1.5 Billion Investment in Sterling Heights

FCA US Announces Nearly $1.5 Billion Investment in Sterling Heights Assembly Plant

Plant to be retooled to build next generation Ram 1500

Brings total U.S. investment to more than $8.3 billion with nearly 25,000 jobs created since June 2009


July 26, 2016 , Auburn Hills, Mich. -

FCA US today announced that it will invest $1.48 billion in its Sterling Heights Assembly Plant (Mich.) to retool it to build the next generation Ram 1500 and support the future growth of the Ram brand.

The Company also confirmed that production of the Chrysler 200 will end in December 2016 in order to begin the transformation of the plant.

Future plans for the Warren Truck Assembly Plant (Mich.), which currently builds the Ram 1500, will be announced at a later date.

This production action is subject to the formal approval of incentives by state and local entities.

On July 14, 2016, FCA US announced a total $1 billion investment in its Toledo, Ohio, and Belvidere, Ill., assembly plants to support the future growth of the Jeep® brand.

Since 2009, FCA US has announced investments of more than $8.3 billion and added more than 25,000 (including nearly 18,000 hourly) people in its U.S. operations.

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Construction underway for Chrysler supplier

Construction underway for Chrysler supplier in Belvidere

Aug. 18, 2016

BELVIDERE — Construction is underway on a 336,000-square-foot building where components for the Jeep Cherokee will be made.

About 500 people will be employed when the building opens at 725 Logistics Drive, about a mile northwest of the Fiat Chrysler Automobiles factory in Landmark Townhall Industrial Park.

Officials are mum on who the tenant will be.


Quote:
"I can't share who the company is," said Jarid Funderburg, executive director of Growth Dimensions, an economic development agency for Belvidere and Boone County.

"I can say it is Chrysler-related."

The Landmark Group is the developer, builder and will own the building on a long-term lease. The company could not disclose its client at this time.

Fiat Chrysler announced a shakeup of its manufacturing plants last year. In March, it said it would move the Cherokee to Belvidere from Toledo, Ohio, and cease production of the Jeep Patriot, Jeep Compass and Dodge Dart here.

That means there will be a shuffling of 12 suppliers and the 2,500 to 3,000 employees that work for them, many in buildings clustered near the plant.

Fiat Chrysler will spend $350 million to upgrade the plant for the new model, and add 300 jobs to the workforce of 4,180 hourly and 320 salaried employees.

In addition the 500 manufacturing jobs coming to Landmark's tenant, another 500 manufacturing jobs will be brought to Sager Industrial Park, two miles east of the auto plant, Funderburg said.

After the supplier shuffle, Funderburg said there will be more Fiat Chrysler-related jobs in Belvidere because of the Cherokee than there are with the three current models.

"With this type of vehicle coming here, we will have a net gain in employment," Funderburg said. "And suppliers, they're going to be doing more than assembly and sequencing; they're going to be doing manufacturing of parts."

Funderburg said Growth Dimensions has been working with Rock Valley College, the Northern Illinois Workforce Alliance and other organizations to make sure there are people trained and ready to be hired for these jobs.

But the Cherokee shift from Toledo may bring an influx of union workers from Ohio. Bruce Baumhower, president of UAW Local 12, said earlier this year that the union was working to make sure members had work after the Cherokee moved.

"We've got a lot of Cherokee suppliers here and our job now is to secure their jobs," Baumhower told WNWO-TV in Toledo in January.

"The large components of the Cherokee like the dash panels and the seats will be built in Illinois near the plant the Cherokee is moving to, but some of the other smaller components could stay here and be shipped there. However, the large parts usually need to be about 10 minutes from the plant, so that is why those jobs may leave."

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Sterling Stamping Celebrates Production Launch

FCA US Sterling Stamping Celebrates Production Launch of Three New Stamping Presses

$166 million investment brings latest technology to 51-year-old stamping operation

New presses will increase annual capacity by 30 percent

Plant recognized as largest stamping facility in the world

More than $8.3 billion invested in U.S. operations with $3.5 billion in Michigan since June 2009


August 26, 2016 , Sterling Heights, Mich. -



The FCA US Sterling Stamping Plant celebrated the production launch of three new stamping presses during an event today attended by FCA CEO Sergio Marchionne, UAW Vice President Norwood Jewell and about 700 plant employees.

In July 2015, the Company announced a $166 million investment to bring the latest state-of-the-art stamping technology to the 51-year-old suburban Detroit facility with the installation of two extra-large High Speed Servo Tandem press lines (each 180 inches) and one large Servo Progressive press line. The last new press at Sterling Stamping was installed in 2000.



Recognized as the largest stamping facility in the world at nearly 3 million square feet, the three new press lines will increase the plant’s capacity by nearly 75,000 stampings per day or 20 million a year. Production at the plant will increase by about 30 percent, from more than 62 million stampings annually to about 82 million.


A Tandem press houses multiple presses in line in series, under which a single die is positioned in each press to perform an incremental function to make the stamped part. This advanced technology allows for maximum flexibility by enabling die changes more frequently and five times more quickly, in about 4 minutes as compared to 20 minutes with older presses.



The Servo Tandem Presses are the first presses of their kind at Sterling Stamping and are identical to the one launched at Warren Stamping (Mich.) in January 2016. The new presses improve reliability and maintainability, while at the same time reducing energy usage and increasing output rates. The press’ servo drive allows for 100 percent programmable control and movement of the ram speed at any position in the press stroke unlike a mechanical press that operates at a fixed speed. Construction of the two lines began in May 2015.

The new Servo Progressive Press is a single press with one slide in which a single die with an unlimited number of operations produces parts at a high speed directly from a single coil of steel. Installation of the progressive press began in November 2015.

Sterling Stamping is one of six facilities in the FCA North American family that stamps and sub-assembles parts from sheet metal, including hoods, roofs, liftgates, side apertures, fenders and floor pans.

Those parts are then shipped to several of the Company’s North American facilities to be welded and assembled together to form the bodies of such vehicles as:

Chrysler Pacifica and Dodge Grand Caravan, Windsor Assembly Plant (Ontario)
Dodge Durango and Jeep Grand Cherokee, Jefferson North Assembly Plant (Detroit)
Dodge Dart, Jeep Compass and Jeep Patriot, Belvidere Assembly Plant (Ill.)
Jeep Cherokee, Toledo Assembly Complex (Ohio)
Ram Trucks, Warren Truck Assembly Plant (Mich.)
Chrysler 200, Sterling Heights Assembly Plant (Mich.)
Ram Trucks, Saltillo Truck Assembly Plant (Mexico)


Including the new presses, Sterling Stamping operates a total of 19 major press lines, three blankers* and four large progressive press lines**, ranging from 400 to 4,000 ton capacity. These presses supply Sterling Stamping’s internal sub-assembly welding shop which is comprised of individual lines that are equipped with more than 720 robots. The facility currently processes nearly a half million tons of steel and 14,000 tons of aluminum annually. The plant operates on an alternative work schedule and employs 2,281.

Since June 2009, FCA US has invested over $8.3 billion in its U.S. manufacturing operations to upgrade facilities and increase capacity. Of that amount, more than $3.5 billion has been spent in Michigan.

*A blanker is a coil fed press that shears or trims aluminum or steel coil into individual blanks (rectangular cutoffs or special shapes) that are stacked and used in forming stampings, as run in individual stamping press lines.

**A progressive press line is a single press with one slide in which a single die with multiple “progressive” stations produce parts at high speed from a single coil of steel directly.

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Sterling Stamping Celebrates



Published on Aug 26, 2016

Remarks from Sergio Marchionne, FCA CEO, at the FCA US Sterling Stamping celebraton of the production launch of three new stamping presses from Sterling Heights, MI.

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Sterling Stamping Plant Opens New Presses



Published on Aug 26, 2016

The FCA US Sterling Stamping Plant celebrates the production launch of three new stamping presses. Stamping and assembly footage - including the new high speed servo tandem press line - comes from Sterling Stamping Plant in Sterling Heights, Michigan.

Rick

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Stamping parts for the next generation Jeep Wrangler

FCA US Sterling Stamping Operations to Grow with Addition of Wrangler Work

FCA CEO confirms stampings for next generation Jeep® Wrangler will be insourced to Sterling Stamping
$166 million investment brings latest technology to 51-year-old stamping operation
Announcement made during employee event to dedicate three new press lines
Plant recognized as largest stamping facility in the world
More than $8.3 billion invested in U.S. operations with $3.5 billion in Michigan since June 2009

August 26, 2016 , Sterling Heights, Mich. -

FCA CEO Sergio Marchionne (left) and UAW Vice President of the FCA US Department Norwood Jewell (right) share a laugh during a Sterling Stamping Plant (Mich.) employee event. During his remarks, Marchionne confirmed that the next-generation Jeep® Wrangler parts will be stamped in-house. The Company celebrated a $166 million investment made in July 2015 to install three new press lines.

During an event today at the Sterling Stamping Plant to dedicate three new stamping press lines, FCA CEO Sergio Marchionne announced that as a result of a $166 million investment, the sheet metal for the next generation Jeep® Wrangler will be stamped in-house, a first for the 51-year-old suburban Detroit plant.

"I'm pleased to announce today that this plant will be making all the stamping parts for the next generation Jeep Wrangler,” Marchionne told the audience of about 700, which included UAW Vice President Norwood Jewell, UAW leadership, FCA US executives and plant employees. “That work is being brought in house. We have for a long period of time had to rely on outside supply. The addition of the three presses is hopefully the beginning of a revamping of our stamping machines here.”

Recognized as the largest stamping facility in the world at nearly 3 million square feet, the three new press lines will increase the plant’s capacity by nearly 75,000 stampings per day or 20 million a year. This additional capacity will allow the plant to not only take on the new Wrangler work, but also play a bigger role in the production of the next generation Ram 1500 when it moves to its new home at the Sterling Heights Assembly Plant (Mich.). Production at the stamping plant will increase by about 30 percent, from more than 62 million stampings annually to about 82 million.

As part of the Company’s reorganization plan in 2009, a decision was made to close a stamping plant in Twinsburg, Ohio, leaving only two standalone stamping plants in Sterling Heights and Warren, Mich. Since then, FCA US has tripled its annual vehicle production from one million vehicles to nearly three million. The investment in the three new press lines will allow the plant to support the future growth of the Ram and Jeep brands.

Since June 2009, FCA US has invested over $8.3 billion in its U.S. manufacturing operations to upgrade facilities and increase capacity. Of that amount, more than $3.5 billion has been spent in Michigan.

Rick

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