CHRYSLER TO INVEST $72M IN RENOVATIONS TO OHIO PLANT

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PERRYSBURG, OHIO — Chrysler Group has plans to invest $72 million in its more than 1.2 million-square-foot Toledo Machining Plant in Perrysburg to produce new generation front-wheel and rear-wheel drive torque converters and steering columns. The investment will fund the installation of new equipment and special tooling to modernize and enhance the plant's capability. Construction is expected to begin in the third quarter of 2011 with completion slated for the first quarter of 2013.

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