Money

Fiat to invest $1 billion in Michigan, Ohio plants

Written by Teunis Felter

FCA, the U.S. arm of automaker Fiat-Chrysler, announced on Sunday that it would invest a total $1 billion in plants in Michigan and Ohio, which will add 2000 new jobs in the United States. The announcement, in what the company said was the second phase of a plan it first made public a year ago, came days after Ford Motor Company decided to scrap a plan to build a facility in Mexico, instead opting to invest in a plant in Michigan.

http://www.cnbc.com/2017/01/08/fiat-to-invest-1-billion-in-new-michigan-ohio-plants-create-2000-jobs.html

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.