Chrysler Group Breaks Ground for New Axle Plant in Marysville, MI

Chrysler Group broke ground today at the future site of the Marysville Axle Plant in Marysville, Mich. Chrysler Group executives were joined by UAW officials and state and local dignitaries to celebrate the $700 million Michigan investment.

The plant represents just one step that Chrysler Group is taking toward reaching its Recovery and Transformation Plan, which is designed to return the company to profitability by 2008. The axle plant is part of the Company’s “Powertrain Offensive” – a $3 billion investment to produce more fuel-efficient engines, transmissions and axles for Chrysler Group.

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“The Marysville Axle Plant and other powertrain investments show Chrysler Group’s commitment to improving the fuel economy of all of our vehicles,” said Frank Ewasyshyn, Chrysler Group Executive Vice President – Manufacturing. “We are proud to play a positive role in the economy of the State of Michigan, as well as in the City of Marysville.”

"The investment in Marysville is a great start for the new Chrysler Corporation,"said General Holiefield, UAW Vice President, who directs the union's DaimlerChrysler Department. "It shows that when we work together, we can preserve good-paying manufacturing jobs in the United States."