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 Chrysler Group to Announce Major St. Louis Investment
By: Darin "Sid" Cameron, CRS
Sat, Dec 10th, 2005 10:50 am

DaimlerChrysler, which operates two assembly plants in the St. Louis region, has called a media briefing for Monday, Dec. 12, 2005, at their St. Louis South Assembly Plant in Fenton, MO where Frank Ewasyshyn, Executive Vice President of the Chrysler Group, will announce a "major manufacturing investment" in both the St. Louis North and St. Louis South Assembly Plants.

The St. Louis Post-Dispatch has reported that the investment from Chrysler may top over $1 billion and secure the future of the plant(s) from any potential of future plant closures.

The Post-Dispatch also speculated that after the investment Chrysler would shift additional production from other plants to their Fenton location.  Another rumor has Chrysler assuming the production of Volkswagen Minivans in an outsourcing agreement with competitor VW.

Although there have been no known reports (official or otherwise) as to the number of new jobs this investment will create for the St. Louis region, the news still comes as welcomed relief for the St. Louis manufacturing industry where rumors of Ford Motors potentially closing their Ford Explorer assembly plant here have made news lately.

Also expected to speak at the media briefing will be Frank Ewasyshyn, Executive Vice President of Manufacturing, Simon Boag, Vice President of Assembly and Stamping Operations, Fred Goedtel, Vice President of Small/Premium/Family Vehicle Assembly Operations and James Wells, Director of UAW Region 5.

Representing St. Louis at the briefing will be St. Louis County Executive Charlie Dooley, U.S. Rep. Todd Akin, Missouri Gov. Matt Blunt and Fenton Mayor Dennis Hancock.

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Darin "Sid" Cameron spent 15 years working in the technology industry which in 1998 relocated him to St. Louis. In 2004 he took over web development tasks for Kimberly's real estate team and later became the full-time Marketing and Operations Director in 2005. In 2011 Sid launched two brokerages, The Realty Store, Inc. and Realty Referral Partners, Inc, while continuing to perform marketing and operations for Kimberly's team. Sid holds a real estate broker's license in Missouri, CRS certification and was the first CyberStar in the St. Louis area.
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