Chrysler is to spend around $US27m on its Toledo (Ohio) machining plant.
Go deeper with GlobalData
Toledo Machining, which currently builds torque converters and steering columns, will divide the investment into two separate parts of the plant: $26.4m will go toward the manufacturing of a redesigned torque converter for automatic transmissions and an additional $1.5m will be used for production of a new steering column.
Chrysler said the torque converter investment would retain 164 jobs while the steering column investment would keep 44 hourly jobs in Toledo.
