Fiat Chrysler to maneuver plant from Mexico to MI, pay out bonuses

Federico Mansilla
Enero 13, 2018

FCA is relocating production of its next-generation Ram Heavy Duty truck from a production location in Mexico to an assembly plant in MI, a facility that the automaker is investing more than $1 billion in to modernize as well as add 2,500 new jobs. The Saltillo Truck Assembly Plant will be repurposed to produce future commercial vehicles for global distribution.

The investment at the Warren, Mich., assembly plant follows plans detailed in January 2017 to expand the factory to build all-new Jeep Wagoneer and Grand Wagoneer SUVs.

FCA says the Warren plant will add 2,500 new jobs. The automaker said the tax reform will also enable it to provide a $2,000 bonus to each member of its roughly 60,000-strong workforce in the U.S. The payment will be made in the second quarter of this year. The special bonus will be paid to all eligible employees of the FCA automotive and components operations in the U.S.

More news: National Football League divisional playoffs: Picks and betting lines

FCA CEO Sergio Marchionne says the company should adjust its manufacturing footprint to reflect "improvement in the US business environment". "It is only proper that our employees share in the savings generated by tax reform and that we openly acknowledge the resulting improvement in the USA business environment by investing in our industrial footprint accordingly".

The new plant investment actions announced are subject to the negotiation and final approval of incentives by state and local entities.

Otros informes por

Discuta este artículo

SIGUE NUESTRO PERIÓDICO