Chrysler Group to Invest $63 Million in Its Warren Stamping Plant
Chrysler Group to Invest $63 Million in Its Warren Stamping Plant
Chrysler Group LLC today announced that it would be investing $63 million in its Warren Stamping Plant in Michigan. The investment serves to expand capacity at the 65-year-old facility.
Specifically, the money will be used to purchase and install high-speed Servo Tandem Press technology. This 15-feet press line will expand capacity by roughly 12,000 parts a day—or 3.6 million parts a year.
“As production at our Chrysler Group assembly plants has nearly tripled in the past five years, we have been pushing our stamping facilities to keep up,” said Mauro Pino, Vice President and Head of Manufacturing, Chrysler Group. “This much-needed investment for a new press line will help us continue to meet demand and maintain the quality that our stamping plants have worked so hard to achieve.”
“Chrysler Group wants to thank Mayor Fouts and the Warren City Council for their support of this investment,” added Brian Glowiak, Director, State Relations, Chrysler Group. “For many years, the City of Warren has been a true partner in helping the Company grow our operations at our local facilities. With the city’s support, we can implement state-of-the-art processes that will contribute to the long-term success of the Chrysler Group and enhance our presence in the community.”
The Warren Stamping Plant manufactures parts stamped from sheet metal. These parts include fenders, floor plans, hoods, liftgates, roofs, and side apertures for various models, including the Chrysler Town & Country; the Dodge Dart, Durango, and Grand Caravan; the Jeep Cherokee and Grand Cherokee; and Ram Trucks. From the stamping plant, these parts go on to the actual assembly plants.
After investing $64 million in its Warren Stamping Plant, Chrysler Group will have officially poured more than $5.3 billion into the U.S. economy since June 2009.
Timothy Moore takes his leadership inspiration from Michael Scott, his writing inspiration from Mark Twain, and his dancing inspiration from every drunk white guy at a wedding. When Tim is not writing about cars and money, he’s working on his novel or reading someone else’s, geeking out over strategy board games, hiking with his pooch, or channeling his inner Linda Belcher over beers with his friends. See more articles by Timothy.