Dana has announced it will invest $70 million in a new axle plant in Toledo, OH that will supply both Jeep and another yet-to-be-named automaker, Automotive News reports.
The new plant will be built on the site of the former Willys-Overland Motors plant – situated just thee miles from Fiat Chrysler’s Toledo Assembly Complex that currently builds the Jeep Wrangler and Cherokee.
The $70 million investment will see a recently constructed 100,000 square-foot facility grow to 300,000-square-feet and an additional 300 workers hired. Production of Dana 30 and Dana 44 will begin there late next year, with the automaker potentially adding more assembly lines and production programs in the future.
As AN points out, Dana’s investment comes as Jeep demand is growing. The automaker is in the midst adding capacity to its production network as it looks to expand its global footprint and will soon introduce new models including the next-generation Wrangler, a Wrangler-based pickup and a replacement for the Patriot/Compass.