The automaker announced Thursday that it will spend more than $1 billion to revamp its Warren Truck Assembly Plant, which will start making the Ram heavy-duty truck in 2020. The truck is currently made in Saltillo, Mexico.
The company also said it’s giving one-time $2,000 bonuses to 60,000 U.S. workers.
“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,” CEO Sergio Marchionne said in a press release.
The company said the investment announced Thursday is separate from a 2015 labor deal with the United Auto Workers union. FCA had pledged to invest $5.3 billion in American plants to guarantee additional union jobs as part of that agreement.