Chrysler to invest near $20M next year in its Perrysburg machining plant

by Tyrel Linkhorn
The Toledo Blade
April 26, 2013

Chrysler Group LLC said today it will invest almost $20 million next year in its machining plant in Perrysburg Township.

The investment will boost capacity for a torque converter that will be paired with Chrysler’s upcoming nine-speed automatic transmission scheduled to debut in the 2014 Jeep Cherokee.

The nine-speed transmissions will be built at a Chrysler plant in Kokomo, Ind…

The nine-speed transmission is key to helping Jeep boost the Cherokee’s fuel economy.

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