June 26, 2014

Chrysler Group announces US$ 63-million investment in Warren Stamping Plant

Chrysler Group confirmed that it would invest US$ 63-million in its Warren Stamping Plant (Mich.) to expand capacity at the facility. The announcement comes following the Warren City Council's approval in May of the Company's tax abatement request.

The investment
will be used to purchase and install the latest high-speed Servo Tandem Press technology (a 180-inch press line). Construction for the new press line has already begun with production targeted to begin December 2015. The new press line will 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.

"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, Vice-President and Head of Manufacturing, Chrysler Group. "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."


*A progressive press line is a single press with one slide in which a single die with multiple 'progressive' stations produce parts at high speed from a single coil of steel directly.


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