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Chrysler saves jobs with investment in Toronto area plant

Chrysler has announced a $27.2-million investment in its Etobicoke, Ont., casting plant. The funds will go towards prepping the plant to make front and rear crossmembers – a component in a vehicle’s suspension system – for future Chrysler vehicles, starting in the third quarter of 2011. This investment will help retain 280 jobs and keep the Etobicoke plant from shutting its doors.