FCA US invests $166 million in Michigan plant
FCA US LLC has announced plans to invest more than $166 million in three new press lines at its Sterling Stamping Plant, located in Sterling Heights, Mich., to support increased product demand. The new press lines, already under construction, are expected to begin production in Q4 2015 and reach full volume in the first half of 2016.
The facility produces body panels and assemblies for such vehicles as the Jeep® Grand Cherokee and Ram® truck.
The investment includes the purchase and installation of two extra-large, high-speed servo tandem press lines (each 180 in.) and one large servo progressive press line. The three presses will increase the number of stampings produced each day by nearly 75,000, or 20 million a year. Currently Sterling Stamping produces 62 million stampings annually.
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