Fiat Chrysler To Invest USD1 Billion In Michigan Plant, Add 2500 Jobs

Fiat Chrysler To Invest USD1 Billion In Michigan Plant, Add 2500 Jobs

Ram truck maker plans expansion

Fiat Chrysler Automobiles has announced plans to invest more than $1 billion into the Warren Truck Assembly Plant in MI to prepare the plant to build the next-generation of Ram Heavy Duty pickups.

Maybe it's the new tax bill, perhaps it's the continued wrangling over the North American Free Trade Agreement, but no matter the cause FCA - maker of Ram Trucks - made a big announcement this week. That was a change from original plans to stretch the Jeep Grand Cherokee platform for the high-end Wagoneers.

This latest investment will boost volume at the Warren facility, which will mean creation of 2,500 new jobs; which is above and beyond the January 2017 announced expansion. More than 2,000 new jobs will be added at these two plants to support production. The automaker will modernize the Warren plant and prepare it for Ram HD production.

Technicals on Watch For Nuveen Maryland Premium Fund (NMY)
The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time.

The move also is in keeping with political fears about sourcing outside the U.S.

Those investments and related actions involved production shifts at three plants in Illinois, Ohio and MI to gain capacity for the Jeep Cherokee, Jeep Wrangler and Ram Light Duty truck, and the introduction of three new Jeep models at plants in Ohio and MI.

The plant in Saltillo, Mexico will be repurposed to produce commercial vehicles for global distribution, FCA announced.

Trump lawyer brokered $130000 in hush money to porn star
Cohen later sent the paper an email statement, signed by " Stormy Daniels ", denying a "sexual and/or romantic affair" with Trump. The first report about Clifford in the Wall Street Journal also alluded to an abrupt end to her alleged talks with ABC.

The company confirmed that it will make a special bonus payment of USD2,000 to approximately 60,000 FCA hourly and salaried employees in the United States, excluding senior leadership.

"These announcements reflect our ongoing commitment to our US manufacturing footprint and the dedicated employees who have contributed to FCA's success", said CEO Sergio Marchionne in a statement.

Josh Donaldson Sets MLB Salary Arbitration Record at $23 Million
Still, he managed to hit 33 home runs and drive in 78 runs in under 500 plate appearances. "And I tend to agree with them". Over the past three years with the Blue Jays, he is a.285/.387/.559 hitter with 111 home runs and 300 RBI.

Últimas notícias