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 $8.2 billion with nearly 25,000 jobs created since June 2009
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 $8.2 billion and added more than 25,000 (including nearly 18,000 hourly) people in its U.S. operations.