Chrysler Group opening two new plants in Michigan

Chrysler Group opening two new plants in Michigan

Chrysler Group is due to announce their plans to establish two new factories in Michigan. This would be part of their planned $3-billion investment to develop more fuel efficient vehicles which are increasingly becoming popular in the US market.

Michigan state officials added that the company is going to invest in a new engine plant in Trenton, Michigan that will produce an upcoming family of V-6 engines.

The Michigan Economic Development Corporation further said that they have now approved an eight-year tax credit of $11.2 million for the new Trenton engine plant.

Chrysler is also rumored to be planning to build a new axle factory in Marysville, Michigan. Chrysler has officially declined to reveal much on their investment plans.

Chrysler spokesman Mike Aberlich though said: “This is part of a $3 billion investment in powertrains. We want to move to more fuel-efficient vehicles and it all starts with powertrain.”