Chrysler Group LLC invests $240 million for enhanced engine production

Chrysler Group LLC has announced an additional $240 million which will go towards increasing engine capacity while the company will also be adding about 1250…

Chrysler Group LLC has announced an additional $240 million which will go towards increasing engine capacity while the company will also be adding about 1250 new jobs to their Michigan facility. Out of this investment, $198 million will be invested at the Mark I Engine Plant to fund production of Pentastar V6 engine for 250 new employees will be taken on for the purpose. Trenton North Engine Plant will also receive investment of $40 million to enhance production line from where both Pentastar engine and Tigershark 1-4 engine will be produced.

The company’s Warren Truck Assembly Plant will also see additional job opportunities to about 1000 by March 2012 when they start production of the 2013 RAM 1500. When these announcements were made, employees at the plants were ecstatic and were joined by senior officials of the company in their celebrations

These newly announced investments will go a long way in bringing about a change in southeastern Michigan. It is the company’s way of giving back to the very same people who toiled to bring Chrysler back to the top. Chrysler Group’s philanthropy continued in The Chrysler Foundations offering of over 1500 turkeys for the upcoming Thanksgiving Season. Food was delivered to local food banks continuing their last year’s endeavors which helped in feeding over 12000 people in Michigan, Illinois, Indiana, Ohio and Washington DC.