From Deseret News archives:
Chrysler to cut jobs as it builds 2 new plants
The $1.78 billion investment, formally announced Wednesday, includes a new $700 million axle plant in Marysville near Port Huron and a new $730 million plant in Trenton to build the next generation Chrysler V-6 engine.
The company also plans to build a new $300 million paint shop at its plant in Sterling Heights, where it makes the Chrysler Sebring and Dodge Avenger mid-sized cars, and it also is making a $50 million investment in its Warren stamping and assembly complex, which now makes the Dodge Ram and Dakota pickup trucks. A new version of the Ram is coming in 2008, the company has said.
The new axle plant will replace the Detroit Axle plant, which was built in 1917 and now employs more than 1,600, and the engine plant will replace the current engine plant in Trenton, which also employs about 1,600 people.
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