Documents presented to the city of Toledo reveal that Chrysler will update its paint shop, body-in-white, trim chassis final and material handling facilities at the plant, which will be expanded by about 300,000 square feet to accommodate a larger body shop and quality lab. A second shift will also be added at Toledo North, which currently builds the Liberty and Dodge Nitro and is at present the sole Chrysler plant with just one shift.
"This plant has been chosen to build the future Jeep SUV to replace the current Jeep Liberty that will be exported to markets all over the world," CEO Sergio Marchionne said at Toledo North this morning.
"Jeep is at the heart of our plans to internationalize Chrysler, a process which is being accelerated by Chrysler's access to Fiat's distribution capabilities in Europe and Latin America."
Chrysler intends to spend another $1.2 billion on other facilities in the U.S. and supplier tooling to prepare for the new Jeep model, which is expected to hit the market as a 2013 or 2014 model.
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1.'Chrysler to invest...' view
