Chrysler Investing $1.7B In Ohio

Chrysler says it will invest $1.7 billion and add 1,100 jobs on a new second shift to allow an Ohio assembly complex to build a new Jeep sport utility vehicle.

By John Seewer, Associated Press

Nov 16th, 2011

TOLEDO, Ohio (AP) -- Chrysler says it will invest $1.7 billion and add 1,100 jobs on a new second shift to allow an Ohio assembly complex to build a new Jeep sport utility vehicle.

The automaker said Wednesday that includes $500 million to expand its Toledo assembly plant and add a body shop. State and local officials signed off on incentives for the project.

Chrysler Group LLC sought millions to enlarge the plant where it makes the Jeep Liberty and Wrangler and the Dodge Nitro. It plans to add the new shift by late 2013.

The automaker has about 1,800 employees at the plant. Workers there hope this will be the first of several new job announcements.

Chrysler CEO Sergio Marchionne and Ohio Gov. John Kasich were expected at the formal announcement Wednesday.

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