Fiat Chrysler Automobiles’ RAM truck brand is investing $1 billion into the FCA Warren Truck Assembly Plant to support the production of the next generation of RAM Heavy Duty trucks in 2020. The Heavy Duty models are currently constructed at the Saltillo Truck Assembly Plant in Saltillo, Mexico, which will be reconfigured to assemble commercial vehicles for global distribution.
In the process of moving RAM Heavy Duty production, 2,500 new jobs will be created at the FCA Warren Truck Assembly Plant.
Fiat Chrysler announced in January last year that its Warren Truck Assembly Plant would receive a portion of a $1-billion investment intended to support production of the Jeep Wagoneer and Grand Wagoneer, with the rest of that sum going to the south side of its Toledo Assembly Plant for Jeep Scrambler production. This new $1-billion investment is in addition to that investment.
Fiat Chrysler also announced today that it will pay out a $2,000 bonus to some 60,000 hourly workers and salaried employees in the US, excluding members of its senior leadership, in recognition of their commitment to FCA’s success. That bonus will come in the second quarter of this year, and it won’t affect any other profit-sharing or performance bonus payouts that workers and employees might be eligible for.
“These announcements reflect our ongoing commitment to our US manufacturing footprint and the dedicated employees who have contributed to FCA’s success,” says Fiat Chrysler Automobiles CEO Sergio Marchionne. “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 US business environment by investing in our industrial footprint accordingly.”