Fiat Chrysler announces $1 billion investment in U.S. manufacturing, 2,000 new jobs

Fiat Chrysler said Sunday it would spend $1 billion on U.S. manufacturing, including modernizing plants in Michigan and Ohio, in a move that’s set to add 2,000 new jobs, Reuters reported.

According to the company’s plan, the plant in Warren, Michigan will be made capable of producing a pickup truck currently built in Mexico.

The Warren plant will make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A plant in Toledo, Ohio also will get new equipment to make a new Jeep pickup.

The move by Fiat Chrysler follows a similar recent announcement made by a competing auto brand.