Fiat Chrysler said Sunday it would spend $1 billion on U.S. manufacturing, including modernizing plants in Michigan and Ohio, in a move that’s set to add 2,000 new jobs, Reuters reported.
According to the company’s plan, the plant in Warren, Michigan will be made capable of producing a pickup truck currently built in Mexico.
The Warren plant will make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A plant in Toledo, Ohio also will get new equipment to make a new Jeep pickup.
The move by Fiat Chrysler follows a similar recent announcement made by a competing auto brand.
On Tuesday, Ford said it would cancel a $1.6 billion plant planned for Mexico and instead invest $700 million in a Michigan assembly plant. Though CEO Mark Fields said the decision would have gone ahead whether or not Donald Trump was elected president, Fields also said Trump’s “pro-growth policies” gave the company’s executives confidence. full story