Chrysler is investing $63 million in its Warren Stamping Plant to expand capacity at the facility.
The investment will be used to purchase and install a new press line, which is expected to increase capacity by up to 12,000 hits per day or approximately 3.6 million parts per year. The plant currently operates 12 major press lines and three large progressive press lines, producing 80 million parts annually, with nearly 2,000 employees.
Construction for the new press line has already begun with production targeted to begin December 2015.
“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, Chrysler vice president and head of manufacturing, in a statement. “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.”
The Warren Stamping Plant, which has been in operation since 1949, provides parts stamped from sheet metal, including hoods, roofs, liftgates, side apertures, fenders and floor pans, for a variety of vehicles built at several of Chrysler’s U.S. and Canadian facilities.
With the announcement, Chrysler has invested more than $5.3 billion in its U.S. manufacturing facilities since June 2009. Of that amount, more than $1.8 billion has been spent in Michigan.
Source: Mlive.com
