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Fiat Chrysler to put $1B into US jobs

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Fiat Chrysler Automobiles yesterday announced plans to invest $1 billion to expand factories in Ohio and Michigan.

The move would create 2,000 U.S. jobs.

The company plans to retool a Warren, Michigan, assembly plant to produce new models Jeep Wagoneer and Grand Wagoneer. These large SUVs will bring back a model name Jeep last used in 1991.

Read more from CNNMoney.


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