Ram Invests $1.2 Billion In Expanding Mexico Production Facilities
ProMaster Van/Tigershark Engine Plants Expansion adds 1,570 jobs in Saltillo, Mexico
Chrysler Group Chairman and CEO Sergio Marchionne confirmed investments totaling $1.249 billion in two Saltillo, Mexico, facilities and the creation of 1,100 jobs at the new ProMaster Van Assembly Plant .
Of the total investment, $1.085 billion was invested in the construction of the new Van Assembly Plant to produce the Ram ProMaster commercial vehicle.
The additional $164 million will add a new production line to assemble 2.0-liter and 2.4-liter Tigershark engines at the Saltillo North Engine Plant, which is where Chrysler’s flagship HEMI V-8s are built.
Tigershark engines power the base model 2014 Jeep Cherokee and Dodge Dart. Production of the Tigershark engine line will begin in the first quarter 2014.
The Van Assembly Plant, which began production in July 2013, will result in a total of more than 1,100 new jobs by December. The new investment at the North Engine Plant will create 470 new jobs.
With this announcement, employment in Saltillo will grow to nearly 6,500.