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Study: Chrysler closings costly to St. Louis area

Wednesday, September 14, 2011 | 8:57 a.m. CDT; updated 9:11 a.m. CDT, Wednesday, September 14, 2011

FENTON — A new study suggests that the closing of the two Chrysler plants in St. Louis County had a devastating impact on the region's economy.

Chrysler made trucks and minivans at two plants in Fenton until those plants were closed in 2008 and 2009.

The study released Tuesday by the St. Louis County Economic Council said nearly 6,400 jobs were lost at the two plants, 2,500 jobs were lost at suppliers to Chrysler and 43,000 direct and indirect jobs were lost throughout the St. Louis region.

The report prepared by the consultant AECOM said the economic impact on the region amounted to $15 billion.

The closing of the plants marked the first time in nearly half a century that cars were not manufactured in St. Louis County.

 


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Comments

Phil Wilkinson September 14, 2011 | 12:30 p.m.

Just who exactly pays for these studies of the obvious?

(Report Comment)
clyde hicks November 28, 2011 | 3:32 a.m.

The Chrysler Group has announced plans for a major investment in its Jeep manufacturing plant in Toledo, Ohio. Automotive News reports that the automaker will direct $500 million toward the development of the Toledo North Assembly Complex, where Jeep and other automobiles are made. The cash will both improve the Toledo plant's production ability and permit the hiring of a second shift of employees of the next year. The proof is here: [url=http://www.cardealexpert.com/news-information/auto-news/chrysler-500-million-jeep-toledo/]Chrysler to invest $500 million in Toledo Assembly Complex[/url] .

(Report Comment)

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