FCA to invest $700M, add 700 jobs to Toledo plant
Fiat Chrysler Automotive U.S. announced a total investment of more than $1 billion in two assembly plants in Illinois and Ohio creating 1,000 new jobs.
According to an FCA press release, the company will invest $700 million in the Toledo Assembly Complex to retool the North plant in order to be able to produce the next generation of the Jeep Wrangler. The company says nearly 700 new jobs will be created.
Officials say an announcement regarding the future of the South plant will be made at a later date.
Ohio Governor John Kasich was pleased by the recent news of added jobs coming to the state.
“An announcement of new jobs coming to Ohio is always exciting, but I am particularly thrilled to hear that Fiat Chrysler America is going to expand the capacity of Wrangler production in Toledo and add about 700 new jobs there," Gov. Kasich said. "Wrangler and Toledo have become close to synonymous in recent years. To see those links further strengthened is proof of our new agility in bringing jobs and business growth to Ohio.”
U.S. Sen. Sherrod Brown said Wrangler manufacturing in Toledo has helped America win since World War II.
“The Toledo Assembly Plant is one of our nation’s most productive and efficient because of the dedication of its employees,” Brown said. “Today’s investment shows that Fiat Chrysler values Ohio workers and is committed to Northwest Ohio. Since World War II, Toledo has built jeeps to help our country win and prosper. That’s why that the Toledo Assembly Plant and Ohio workers will build the next generation of this iconic vehicle.”
FCA will also invest $350 million in their Jeep Cherokee plant in Belvidere, Illinois. The plant will take production from the Toledo plant in 2017. 300 new jobs will be created at the Belvidere Assembly Plant.
The company announced production of the Dodge Dart and the Jeep Compass and Patriot will end later this year.
The actions are subject to the formal approval of incentives by state and local entities, officials added.