DETROIT (AP) — Fiat Chrysler can move forward with plans to build a new, $1.6 million assembly plant on Detroit’s eastside and invest $900 million to retool and modernize another.
The Detroit City Council on Tuesday approved land deals and community benefits agreements tied to the project. They include a four-week exclusive window Detroit residents will have to apply for jobs at the facilities once laid-off workers and temporary employees are considered.
Fiat Chrysler expects to add 4,950 new jobs — mostly on the assembly line.
The company is getting tax breaks and 215 acres of adjacent land the city had to acquire. The land deals are about $108 million, with Detroit and the state splitting it about equally.
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