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Politics

Fiat Chrysler is moving Ram production Mexico to Michigan. - Fiat Chrysler Automobile is feeling good

Posted: Jan 12th, 2018 - 3:02 am In Reply to: Wage Increases and Bonuses Are ‘Crumbs,’ ‘So Pathetic’ - so says Pelosi

about tax reform. So good that it says it's moving some of its truck production from Mexico to Michigan. The automaker announced Thursday that it will spend more than $1 billion to revamp its Warren Truck Assembly Plant, which will start making the Ram heavy-duty truck in 2020. The truck is currently made in Saltillo, Mexico.

Fiat Chrysler said it will add 2,500 jobs in Michigan to support the move.

The company also said it's giving one-time $2,000 bonuses to 60,000 U.S. workers.

"It is only proper that our employees share in the savings generated by tax reform and that we openly acknowledge the resulting improvement in the U.S. business environment by investing in our industrial footprint accordingly," CEO Sergio Marchionne said in a press release.

CNN Money

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