Chrysler is going to make transmissions for the Jeep Cherokee and the Chrysler 200 sedan at its new factory in Tipton, Ind., and the company has hired 204 workers for this job.
According to the automaker, the factory will employ 600 workers by the end of the year and 850 a year later. The automaker, fully acquired by Fiat in January, spent $162 million to outfit the 782,000-square-foot facility to build nine-speed transmissions, which improve fuel efficiency.
At full capacity, the plant will be able to ship about 800,000 transmissions annually to assembly plants in Toledo and Sterling Heights, and to Fiat Chrysler plants in Italy, Turkey, Brazil and China, according to Chrysler.
Source: Bloomberg News via The Detroit Free Press
