CHICAGO Chrysler Group
LLC will invest $19.6 million in its Toledo machining plant in
Perrysburg, Ohio, to increase its production capacity for new
Installation is expected to
begin in the third quarter of 2014 and be completed by the end
of 2014, the Auburn Hills, Mich.-based automaker said.
The new torque converters will
be paired with the next-generation, fuel-efficient nine-speed
front-wheel-drive transmissions being assembled at one of
Chryslers transmission plants in Kokomo, Ind., the
Chrysler announced earlier this year that it would spend
$374 million to boost its transmission production capacity in
Indiana (amm.com, March 4).