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More than 800 UAW-represented employees at
Chrysler Group LLC’s Toledo Assembly
Complex, employees of its supplier partners
and elected officials, as well as CEO Sergio
Marchionne, welcomed U.S. Vice President Joe
Biden to the home of the Jeep Wrangler.
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More than 800
UAW-represented employees at Chrysler Group LLC’s Toledo
Assembly Complex (TAC), employees of its supplier
partners and elected officials welcomed U.S. Vice
President Joe Biden to the home of the Jeep Wrangler.
The Vice President visited the Chrysler plant, which is
building the Wrangler, which this month has been given a
minor "Model Year 2011" makeover, in an innovative
manufacturing project with three supplier partners, to
highlight the important role that suppliers have played
in the automotive industry. Chrysler Group CEO Sergio
Marchionne revealed during the visit yesterday that the
U.S. carmaker, now 20 percent owned by Fiat Group, would
find it "difficult" to post a profit this year, partly
he said, due to the high interest rates on the loans it
carries that are needed to implement the renewal of much
of the ageing model range this year. "But I'm
satisfied," added Marchionne, "we're ahead of plan."
Jeep Wrangler and
Wrangler Unlimited models have been rolling off the line
as part of a unique manufacturing arrangement since
August 2006. Three supplier partners manage and operate
major parts of the vehicle production process from
neighboring facilities within the Toledo plant
footprint. While the KUKA Group is responsible for
building bodies for the all-new 2011 Jeep Wrangler and
Wrangler Unlimited, Magna Steyr runs the paint shop and
Hyundai Mobis-owned Ohio Module Manufacturing Company (OMMC)
assembles the vehicle’s chassis. Chrysler Group has the
responsibility for the final trim and assembly
operations of the plant.
“I’d like to thank the
Obama administration for showing faith in the people of
Chrysler, in our ability to forge a lasting recovery and
to make a positive contribution to society,” commented
Sergio Marchionne. "The model that has been created in
Toledo remains unique in the industry and has only
succeeded because of the dedicated, disciplined and, of
course, flexible team working here,” Marchionne
continued. “We thank the UAW, the Toledo workforce and
the City of Toledo for making what was just a vision
more than five years ago an integral part of our future
moving forward." The co-location project between the
three supplier partners and Chrysler Group in Toledo was
part of a $2.1 billion total program investment.
The Vice President came to Toledo a little more than a
year after the carmaker emerged from bankruptcy to see a
company that may well be on the road to recovery. Since
June 2009, Chrysler Group has reported an operating
profit of $183 million for the second quarter of 2010;
has added a second shift of production – or nearly 1,100
jobs – at Jefferson North (Detroit) Assembly Plant;
announced that it would add nearly 900 jobs on a second
shift at its Sterling Heights (Mich.) Assembly Plant in
the first quarter of 2011; launched the new Jeep Grand
Cherokee in May; announced that it will invest $179
million to launch production of Fiat's 1.4-liter,
16-valve Fully Integrated Robotized Engine (FIRE) at the
company’s Global Engine Manufacturing Alliance (GEMA)
plant in Dundee, Mich., creating more than 150 new
Chrysler jobs; and committed to investing more than $343
million in its transmission facilities in Kokomo, Ind.
Upon arrival at the 1.5-million-square-foot assembly
plant, the Vice President was greeted by the Chrysler
Group LLC CEO, Marchionne, who took him and other
invited guests on a tour of the facility’s trim line.
The Vice President stopped at a variety of locations to
talk with employees on the line including windshield,
header seal, rear carpet, visor, support bar foam cover
and wiper installations.
ItaliaspeedTV:
U.S. Vice President Joe Biden visits Chrysler Group's Toledo
Assembly Complex
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