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Fiat Chrysler to invest $1 billion in Michigan plant, add 2,500 jobs
Reuters ^
| 11 Jan 2018
Posted on 01/11/2018 3:46:02 PM PST by mandaladon
(Reuters) - Fiat Chrysler Automobiles NV FCH.MI (FCAU.N) said on Thursday it would invest more than $1 billion in its Michigan plant and add 2,500 jobs as it benefits from the overhaul of the U.S. tax code.
The company said it would spend the money to modernize the Warren Truck Assembly Plant in Michigan to produce its Ram Heavy Duty trucks.
The company will relocate the trucks production from its current location in Saltillo, Mexico, to the Michigan plant in 202O.
The car maker also said it would make a special bonus payment of $2,000 to about 60,000 FCA hourly and salaried employees in the United States.
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; Constitution/Conservatism; Extended News; Front Page News; Mexico; News/Current Events; Politics/Elections; US: Michigan
KEYWORDS: automotive; bonuspayout; chrysler; dodge; economicboom; fcau; fiat; fiatchrysler; italy; jobs; maga; manufacturing; mexico; michigan; ram; ramtrucks; saltillo; taxcut; trump; trumpwinsagain
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To: Brown Deer
AND they get to keep a lot more of that $2,000 instead of forking it over to the government to piss away on useless government cronyism “programs.”
To: tennmountainman
Sounds fantastic to those who want to work. Those who wanted to work have moved. The govt. leeches and parasites continue to receive the free goodies.
22
posted on
01/11/2018 5:39:58 PM PST
by
unixfox
(Abolish Slavery, Repeal the 16th Amendment)
To: mandaladon
Would be nice.
Things are improving but manufacturing jobs result in a number of other support jobs.
23
posted on
01/11/2018 5:44:26 PM PST
by
Harmless Teddy Bear
(Not a Romantic, not a hero worshiper and stop trying to tug my heartstrings. It tickles! (pink bow))
To: wastedyears
every friday night, from the LAIR!!! is good stuff too
24
posted on
01/11/2018 6:19:00 PM PST
by
Chode
(You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
To: mandaladon
Theres no answer to it. He just says, Well, Im going to negotiate a better deal. Well, how exactly are you going to negotiate that? What magic wand do you have? Obama asked. And usually, the answer is he doesnt have an answer.-Barack Hussein Obama
Well, he did negotiate that better deal, something a community agitator has no experience in doing.
25
posted on
01/11/2018 9:33:31 PM PST
by
matt04
To: mandaladon
26
posted on
01/12/2018 2:55:00 AM PST
by
markomalley
(Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
To: mandaladon
27
posted on
01/12/2018 2:56:18 AM PST
by
Eleutheria5
(“If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
To: Eleutheria5
As in Detroit? Exactly.
As in Chicago?
As in Baltimore?
As in East St Louis? (or St Louis itself any longer)
As in Philly?
As in ...(fill in the blank with most Democrat-controlled urban areas)
28
posted on
01/12/2018 3:14:53 AM PST
by
markomalley
(Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
To: markomalley
The company will relocate the trucks production from its current location in Saltillo, Mexico, to the Michigan plant in 202O.
Who says Mexico won’t pay for the wall?
To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...
|
"Those jobs are GONE! They are NOT coming BACK! Death to America!"
|
30
posted on
01/12/2018 7:26:29 AM PST
by
SunkenCiv
(www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
To: Sacajaweau
For all the slimy deals that had to be brokered to get that 21% corporate rate, it now is abundantly clear it was worth it. Well worth it. 4% GDP easy. Could even see 6% in the next year or so.
To: Wuli
I hope it gets back to the economy. I recall the Pew Poll showed Americans care more about sexual assault now than the economy. What a world.
To: InABunkerUnderSF
To: markomalley
But then people will have jobs. Where’s the discontent? Where’s the incentive for riots and crime? Businesses might start coming back.
34
posted on
01/13/2018 7:52:12 AM PST
by
Eleutheria5
(“If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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