New owner pending, it’s still business as usual at Chrysler Group which has just broken ground at the future site of the Marysville Axle Plant in Michigan, a $US700m investment including development and engineering costs.
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The new axle plant is part of the company’s ‘powertrain offensive’ – a $3bn investment to produce more fuel-efficient engines, transmissions and axles for the group.
Construction on the plant will begin this summer. It will employ 900 people when it reaches full volume in 2010 and will produce 1.2m axles annually.
