Chrysler Confirms $178 Million Investment at Sterling Stamping Plant

30 April 1997

Chrysler Confirms $178 Million Investment at Sterling Stamping Plant

    AUBURN HILLS, Mich., April 29 -- During ground breaking
ceremonies at their Sterling Stamping Plant today, Chrysler Corporation
confirmed an investment of $178 million for modernization and
expansion at its plant in Sterling Heights, Michigan.  The investment is part
of Chrysler's strategic plan to continually improve productivity and quality.
    Ground was broken for a 61,200 square foot, $25 million, building addition
to the present 2.6 million square foot plant.  When completed in 1998, the new
building will initially house one large Verson progressive press with
multi-stage dies capable of producing finished parts from coil steel.
Additionally one large "super blanker" complete with automatic die storage and
retrieval will also be installed in the new addition which would facilitate
potential future tooling expansion.
    Modernization in the present plant will take place over the next two years
with the addition of two A+Size Schuler transfer presses.  This type of press
is the largest transfer press in the world.  It will also include the addition
of one B+Size Verson transfer press along with two 1,000-Ton and one 1,500-Ton
Schuler presses.
    There are 3,420 employees at the Sterling Stamping Plant.

SOURCE  Chrysler Corporation

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