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Manufacturing Investments Timeline

Chrysler Group LLC Manufacturing Investments Timeline (June 2009-October 2011)

Since June 2009, Chrysler Group LLC has invested nearly $3.5 billion in its U.S. and Canadian facilities, added nearly 6,000 jobs and has made significant progress toward building a successful enterprise.


December 17, 2009 – Chrysler Group announces that it will invest $179 million to launch production of the 1.4-liter, 16-valve Fully Integrated Robotized Engine (FIRE) at GEMA Plant (Dundee, Mich.), creating up to 573 new jobs industry-wide, including up to 155 new Chrysler Group jobs.

May 11, 2010 – Chrysler Group announces an investment of $43 million to increase capacity at its Kokomo Casting and Kokomo Transmission (Ind.) plants, and adapt them to support production of the World Engine and improve processes for the 62TE transmission program.

June 9, 2010 – Chrysler Group announces an investment of $300 million to modernize Indiana Transmission Plant I* and Kokomo Casting (Ind.) to accommodate future production of a new highly fuel-efficient eight-speed automatic transmission for future Chrysler Group vehicles.

*Project and investment moved to the Kokomo Transmission Plant in December 2010.

July 19, 2010 –Jefferson North Assembly Plant (Detroit) adds a second shift of production – nearly 1,100 jobs.

July 31, 2010 – During a visit by President Obama to Detroit, Chrysler Group announces that it will add a second shift of production – or about 900 jobs – at its Sterling Heights Assembly Plant (Mich.) in the first quarter of 2011.

August 12, 2010 – Chrysler Group announces an investment of $27.2 million USD in its Etobicoke Casting Plant (Toronto) to produce front and rear crossmembers for future Chrysler Group vehicles starting in the third quarter 2011.

October 26, 2010 – Chrysler Group issues a statement thanking the Governor of Michigan for her support of the Company’s commitment to the State of Michigan through a potential investment of $850 million in the Sterling Heights Assembly Plant and surrounding stamping plants, and $150 million in the GEMA Plant.

October 28, 2010 – Chrysler Group announces a $600 million investment in its Belvidere Assembly Plant (Ill.), which includes the construction of a 638,000 square-foot body shop as well as the installation of new machinery, tooling and material handling equipment. Work on the expansion began in the summer of 2010 and is expected to be completed in 2011.

November 23, 2010 – Chrysler Group announces an investment of nearly $843 million into the Company’s existing transmission manufacturing facilities in Kokomo, Ind., to accommodate production of a new advanced front-wheel drive automatic transmission – bringing Chrysler’s investment in its Indiana facilities to nearly $1.2 billion and retaining nearly 3,500 jobs.

December 6, 2010 – Chrysler Group confirms the previously announced (Oct. 26) investment of $850 million in its Sterling Heights Assembly Plant and stamping facilities in Warren and Sterling Heights, construction of an all-new, state-of-the-art, 425,000-square-foot paint shop, as well as the installation of new machinery, tooling and material-handling equipment. The Company also reconfirms that it will add nearly 900 jobs on a second shift at its Sterling Heights Assembly Plant in the first quarter of 2011.

Chrysler Group also confirms plans to invest $150 million in its GEMA Plant for future powertrain production.

December 14, 2010 – Chrysler Group confirms that it’s investing $85 million in its Kokomo Transmission Plant for a variety of powertrain improvements.

February 2011 – The second shift at the Sterling Heights Assembly Plant begins – adding nearly 900 jobs.

June 15, 2011 – Chrysler Group announces a $114 million investment in new equipment at its Trenton North Engine Plant (Mich.) to support increased production of the Pentastar engine. The investment is estimated to create 268 new jobs.

August 23, 2011 – Chrysler Group confirms that it is preparing to invest $72 million in its Toledo Machining Plant (Perrysburg, Ohio) to produce new generation front-wheel and rear-wheel drive torque converters and steering columns.

October 18, 2011 – Chrysler Group announces a $165 million investment in a new body shop, new equipment and conveyors at its Sterling Heights Assembly Plant.


Investments by Geographic Location (in millions)
Canada (Toronto) $27.20
Illinois $600.00
Indiana $1,271.00
Michigan $1,458.00
Ohio $72.00
TOTAL $3,428.20

Rick

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