Chrysler Will Bring 1,250 Jobs To Michigan

[Star]

Chrysler today announced it is investing more in Detroit and Southeast Michigan and adding another 1,250 jobs on top of thousands it has added since emerging from bankruptcy three years ago.

The automaker, which is owned by Italian automaker Fiat and the United Auto Workers healthcare trust, and markets Chrysler, Dodge, Jeep, Ram and Fiat brands, will invest $240 million at three Michigan plants to increase production of Ram pickup trucks, as well as engines.


"Today is another important milestone in living up to the commitment we made more than three and a half years ago to our employees, this city, this region and our country to transform this company," Chrysler/Fiat CEO Sergio Marchionne said. "Together, and with the support of our UAW partners, we are committed to building something that will have a long-lasting, direct impact on this community."

A hot-button issue during the presidential campaign, Marchionne said the investment is proof that the federal government's decision to lend Chrysler money in 2009 as it emerged from Chapter 11 bankruptcy was a good one.


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[CrusaderFrank]

Detroit is still a third world shithole. One of the biggest office building downtown sold, not rented, but sold for $5/psf

 

[Moonglow]

Chrysler today announced it is investing more in Detroit and Southeast Michigan and adding another 1,250 jobs on top of thousands it has added since emerging from bankruptcy three years ago.

The automaker, which is owned by Italian automaker Fiat and the United Auto Workers healthcare trust, and markets Chrysler, Dodge, Jeep, Ram and Fiat brands, will invest $240 million at three Michigan plants to increase production of Ram pickup trucks, as well as engines.


"Today is another important milestone in living up to the commitment we made more than three and a half years ago to our employees, this city, this region and our country to transform this company," Chrysler/Fiat CEO Sergio Marchionne said. "Together, and with the support of our UAW partners, we are committed to building something that will have a long-lasting, direct impact on this community."

A hot-button issue during the presidential campaign, Marchionne said the investment is proof that the federal government's decision to lend Chrysler money in 2009 as it emerged from Chapter 11 bankruptcy was a good one.


<snip>

It's because of Obamacare, mkay.

 

[Star]

Detroit is still a third world shithole. One of the biggest office building downtown sold, not rented, but sold for $5/psf

And yet-----and yet, Fiat and the United Auto Workers healthcare trust, and Chrysler and Dodge and Jeep and Ram have collectively concluded that investing a ton-o-dough in Detroit's auto industry native intelligence will give them a high ROI -- go figger!
.