Chrysler to hire 1,250 in Michigan
Chrysler Booth at Chicago Auto Show by leyla.a
License (according to Flickr): Attribution-ShareAlike License
License (according to Flickr): Attribution-ShareAlike License
NEW YORK (CNNMoney) -- Chrysler announced today that it will add 1,250 new jobs at three of its Michigan plants and invest $238 million in those facilities. "This is a remarkable turnaround for a company whose very survival had been in question for a long time," Chrysler Group Chairman and CEO Sergio Marchionne said to an audience at the Mack I Engine Plant in Detroit today. Chrysler Group LLC was formed in 2009 after the original company faced bankruptcy. Since then Chrysler has invested almost $4. 75 billion in its facilities and added about 6,000 hourly jobs in the U.S. to date. Marchionne was joined by Detroit Mayor Dave Bing and United Auto Workers Vice President General Holiefield to explain the distribution of the funds and jobs to Michigan. The Mack I Engine Plant in Detroit, which makes 4.
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Chrysler Chrysler Group engine Chrysler Group LLC Plant Jeep Grand Cherokee Detroit Warren Truck Assembly United Auto Workers Sergio Marchionne Dave Bing Vice President NEW YORK Dodge Dart new cars production line Pentastar the mack CNNMoney Michigan company Tigershark remarkable third shift bankruptcy Truck vehiclesPeople:
Sergio Marchionne
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| Sentiment | Quote |
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| 0.219433 | "This is a remarkable turnaround for a company whose very survival had been in question for a long time," Chrysler Group Chairman and CEO Sergio Marchionne said |
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Dave Bing
Overall Sentiment: 0
Relevance: 0.217477
Disambiguation: Politician | Athlete | BasketballPlayer | HallOfFameInductee | OfficeHolder | SportsLeagueAwardWinnerReferences:
Holiefield
Overall Sentiment: 0.100661
Relevance: 0.202317
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| 0.0893219 | Holiefield said it is a monumental day for the company which is now "pulling this phoenix up from the ashes so that it will rise." |
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City: Detroit
Overall Sentiment: 0
Relevance: 0.359404
Disambiguation: GovernmentalJurisdiction | OlympicBiddingCity | PlaceWithNeighborhoodsReferences:
Facility: Warren Truck Assembly Plant
Overall Sentiment: 0.107255
Relevance: 0.302382
Company: Chrysler
Overall Sentiment: 0.0788889
Relevance: 0.925157
Disambiguation: RocketManufacturer | AwardWinner | CompanyShareholderReferences:
Company: Chrysler Group LLC
Overall Sentiment: -0.0861136
Relevance: 0.427537
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Chrysler to hire 1,250 in Michigan
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