Chrysler is not only going to join companies such as Walmart, Boeing and AT&T in paying bonuses to workers as a result of the tax reform package passed last month; the automaker will also boost jobs in Michigan by 2,500 as it shifts truck production from Mexico.
Chrysler announced a $2,000 per worker bonus this week along with the additional jobs reports Fox Business:
The creation of 2,500 new jobs will support an expansion at Fiat Chrysler’s Warren Truck Assembly Plant in Michigan. Fiat Chrysler said the tax plan will enable the company to invest more than $1 billion in additional funds in the factory, where it will build the next generation of Ram heavy-duty pickup trucks once production shifts from Mexico in 2020.
Last year, Sergio Marchionne, the CEO of Fiat-Chrysler, had announced the expansion of the Warren assembly plant to produce the Jeep Wagoneer and Grand Wagoneer lines and said at the time that President Trump's business and tax reforms would be factors in whether truck manufacturing would move back from Mexico:
“These announcements reflect our ongoing commitment to our U.S. manufacturing footprint and the dedicated employees who have contributed to FCA's success,” Marchionne said. "It is only proper that our employees share in the savings generated by tax reform, and that we openly acknowledge the resulting improvement in the U.S. business environment by investing in our industrial footprint accordingly.”
Chrysler is just the latest in a long line of companies that have increased employment, wages or paid bonuses since the tax reform plan was passed in December.