The money will be used to fit the factory with all the required systems and machinery to allow the production of front and rear crossmembers (a structural component in the suspension system) for future Chrysler vehicles. The work at the facility is expected to be concluded in the third quarter of 2011 and will save, according to Chrysler, 280 jobs (236 CAW-represented hourly and 44 salaried employees).
“We welcome this investment in the Etobicoke Casting Plant as it is an acknowledgement of the high quality components produced by our skilled workforce for many years,” Michael Butz, Etobicoke Casting Plant manager said in a statement.
“Being able to expand our part portfolio better aligns with Chrysler’s long-term product strategy, which ensures the future for this facility.”
Operational since 1964, when it was purchased by Chrysler, Etobicoke is currently a 300,000-square-foot facility which manufactures aluminum die castings and pistons for several Chrysler vehicles.
The announcement of the investment was saluted by the McGuinty government, who released a statement expressing their satisfaction with the saving of the 280 jobs.
“We’re thrilled that Chrysler is making the decision to invest in the Etobicoke Casting plant and the skilled workforce there,” CAW national president Ken Lewenza added.
"This will help preserve and enhance jobs in the city and give a greater measure of security to our members and their families well into the future.”
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