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Chrysler to invest $1.8B in Detroit factor
Thursday, August 14, 2008 | No comments posted.
TRAVERSE CITY, Mich. (AP) — Chrysler LLC Vice Chairman Tom LaSorda said Wednesday his company will invest $1.8 billion to expand a Detroit assembly plant and retool it to make a new car-based sport utility vehicle.
LaSorda said the money will go for tooling and a flexible body shop at the Jefferson North Assembly Plant. That plant now makes the Jeep Grand Cherokee.
LaSorda said the investment will add 285,000 square feet to the plant and keep more than 400 jobs in Michigan.
LaSorda said the money will go for tooling and a flexible body shop at the Jefferson North Assembly Plant. That plant now makes the Jeep Grand Cherokee.
LaSorda said the investment will add 285,000 square feet to the plant and keep more than 400 jobs in Michigan.
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