FCA is Pouring $1B Into Jeep Plant Upgrades
Jeep is getting ready to build its next-generation Wrangler.
Parent company Fia Chrysler Automobiles has announced a $1.05-billion investment to retool the Jeep Wrangler factory in Toledo, Ohio, as well as another site in Illinois.
The Ohio factory will receive $700 million so that the next-generation Wrangler can be built, and the investment is expected to add around 700 new jobs. The Wrangler factory is part of a larger complex in Ohio, and the American automaker said that plans for the South factory will be announced at a later date.
SEE ALSO: Everything We Know about the 2018 Jeep Wrangler
The other factory in Belvidere, Illinois will receive a $350 million for upgrades, potentially adding another 300 jobs to the site. That factory will focus on producing the Jeep Cherokee, which will be moving to Illinois in 2017. Currently, FCA builds the Dodge Dart, Jeep Patriot and Jeep Compass in Belvidere, but all three are being discontinued.
The investments are a move to focus on strengthening the Jeep brand, which has continued to do well for FCA.
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Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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