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Thu Feb 28, 2019, 05:47 AM

Fiat Chrysler pumping $4.5B into Michigan with new auto plants

Fiat Chrysler Automotive (FCA) on Tuesday announced plans to invest $4.5 billion into manufacturing five plants in and around Detroit, which could result in up to 6,500 new jobs in the region, the automaker says.

The planned investments are contingent on negotiating land deals and incentives with the cities of Detroit, Sterling Heights, Warren and Dundee, as well as the state of Michigan, according to FCA.

The city of Detroit has 60 days to deliver on an agreement to acquire about 200 acres of land where FCA plans to convert existing facilities into a new assembly site that would employ 3,850 people.

“This is the way the city of Detroit fights unemployment and poverty,” Detroit Mayor Mike Duggan said.

Read more: https://www.michiganadvance.com/2019/02/26/fiat-chrysler-pumping-4-5b-into-michigan-with-new-auto-plants/

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