UPDATED: Chrysler to Make Big Investment in Trenton Engine Plant
The Detroit Free Press and MLive report that Chrysler will invest $40 million in the Trenton North engine plant.
According to the reports, Chrysler will put $40 million toward the Trenton North engine plant. The money will be used to install a flexible assembly line to make Pentastar and Tigershark engines.
The investment is one part of a larger commitment by Chrysler to create about 1,250 new jobs in southeast Michigan, according to a release from U.S. Rep. John Dingell.
"I’m proud of Chrysler," Dingell said in a press release. "With its new investment in the Trenton plant, hardworking folks in Michigan will be put back to work making Pentastar and Tigershark engines. Chrysler is honoring American taxpayers’ trust by not only having paid off its government loans early, but also continuing to invest in the United States."
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Dingell represents much of the Downriver area, including Trenton.
The Trenton North investment is part of a $238 million overall investment by Chrysler in three Michigan plants. The move also will add approximately 1,250 jobs overall.
"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 Group CEO Sergio Marchionne said in a statement.
"All of these investments are the direct result of a lot of people who have battled courageously to bring Chrysler back to a state of growth. It is our contribution toward helping southeastern Michigan get back on its feet."
Stay with Trenton-Grosse Ile Patch as more details become available.