Thursday, September 11, 2008

Chrysler to partner with ZF at new axle plant

David Barkholz and Robert Sherefkin

The UAW is telling Chrysler LLC axle workers that the carmaker intends to partner with German axle maker ZF Friedrichshafen AG to operate a new axle plant in Marysville, Mich.

The plant is under construction. Chrysler intends to open the plant in 2010.

Officials of the UAW were at Chrysler's Detroit Axle Plant this afternoon telling workers about the negotiations, said a source briefed about the talks. The $700 million Marysville plant would replace Detroit Axle and employ 900. It is scheduled to open in 2010.

ZF spokesman Frank Buscemi told Automotive News that his company is in talks with Chrysler to operate the automaker's Marysville axle plant. But there is no agreement.

"It is just a possibility," he said.

Chrysler, which wants to conserve capital, has been looking for ...


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