Fiat Chrysler Automobiles plans to spend $1 billion to retool its plants in Toledo, OH, and Belvidere, IL, and create 1,000 new jobs as it shuffles its North American production footprint.
The automaker said it will invest $700 million at its Toledo Assembly North Plant to prepare for the next-generation Jeep Wrangler and expand the production capacity of the SUV. The automaker said it plans to add about 700 jobs at that plant.
In Belvidere, the automaker plans to spend $350 million to prepare that plant to assemble the Jeep Cherokee, which is currently built in Toledo.
Read the full story at usatoday.com.