Chrysler's Latest Machining Plant Investment Means More

Have you ever considered what models like the Chrysler 300 go through before they arrive to dealerships like Steve Jones Chrysler Dodge Jeep? Each of our new Chrysler vehicles are carefully crafted and assembled in factories around the United States, with some parts often produced in separate facilities like the Toledo Machining Plant. With the premium vehicles in high demand, on top of the addition of some new models, the machining plant has needed some expansion to maximize manufacturing of their specialty: torque converters for eight and nine-speed transmissions.

Chrysler has recently invested $19.6 million into the Perrysburg, Ohio-based machining plant to help increase the capacity at which it produces the much-needed torque converters. Such equipment is vital to the auto brand's next-generation of fuel-efficient nine-speed vehicles, that we will soon see here in Owensboro, KY.

"The new nine-speed transmission is a critical part of our strategy to meet fuel economy requirements over the next several years and Toledo Machining will play an integral role in bringing this transmission to the market," commented Senior Vice President of Chrysler Manufacturing, Scott Garberding.1 He added, "Securing this additional investment is a testament to the dedication and commitment of the plant's workforce and helps secure its future long-term."2

The nearly-$20 million investment brings Chrysler's total amount of ventures associated with the Toledo factory to over $5.2 billion, since June of 2009. The financial support will go towards the installation of the torque converters, as well as other machining to ease and increase production.

We're happy to hear about Chrysler's further commitment to manufacturing in U.S. and that our dealership will have no shortage of our favorite premium American-made vehicles. If you're interested in experiencing the Toledo Machining Plant team's work, we invite you to our showroom for a test drive of a Chrysler model today.

Source:1, 2 http://www.autoblog.com/2013/04/28/chrysler-investing-20m-in-toledo-plant-to-support-9-speed-auto/

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