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Council Approves $850M Investment In Chrysler Plant

Chrysler's Sterling Heights Assembly Plant, which was targeted for closure just 18 months ago, now has new life, following the Sterling Heights City Council's action Wednesday night, that paves the way for the automaker's $850 million investment in the plant for renovations, new equipment, machinery and special tooling.

The action will help in the creation of 900 new jobs and the preservation of 3,000 jobs at both Sterling Heights Chrysler plants, Sterling Heights Assembly Plant and the Sterling Stamping Plant.

(Copyright 2010. WWJ Newsradio 950. All Rights Reserved.)

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