Word: kenosha
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Dates: during 1980-1989
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...Iacocca can understand why Wisconsin is called the Badger State. Its citizens and Governor Tommy Thompson have been in an uproar since Chrysler decided in January to shut down an 86-year-old assembly plant in Kenosha, which would put 5,500 employees out of work. Last week Iacocca offered a peace plan: a $20 million education-and-housing fund for the workers, to be financed by profits from new Chrysler vehicles sold in Wisconsin this year. Meeting with Thompson in Washington, Iacocca said he would consider keeping the plant open a few weeks or months longer than its planned...
...purchase will help Chrysler solve a pressing problem: its factories do not have the capacity to produce enough cars to meet demand. Chrysler had started easing that production crunch by contracting out the assembly of various Chrysler, Dodge and Plymouth models to AMC's venerable Kenosha, Wis., factory, where the Renault Alliance is also produced...
...last week's announcement was, of course, a milestone. Even though Iacocca said AMC will remain intact as a Chrysler subsidiary, at least for a time, the sale agreement marks the demise of a firm with origins that date back to 1902 and the production at Kenosha of the firstone-cylinder Rambler automobile by the Thomas B. Jeffery Co. A series of mergers culminated in the formation of American Motors in 1954. In the late 1950s and early 1960s, under the chairmanship of George Romney, the company carved out a niche for itself as a groundbreaking producer of small classics...
While rolling out its new models, AMC has found a lucrative way to use its excess production capacity by striking an unusual deal with Chrysler. AMC's underutilized plant in Kenosha, Wis., will soon assemble Chrysler Fifth Avenues, Dodge Diplomats and Plymouth Gran Furies alongside the Alliance. The Chrysler work could earn as much as $40 million in added revenues for AMC this year...
...construction because it still remembers the overcapacity that smothered the company during the crisis years. Instead, Chrysler has been busy renovating old plants and even taking the unusual step of subcontracting its assembly work. When Chrysler officials took notice of unused capacity at an American Motors assembly plant in Kenosha, Wis., they hired AMC to start building cars like the Chrysler Fifth Avenue there. Chrysler has embraced high-technology equipment in its operations but has made the transition from the old ways at an orderly pace so that the new machines . function well. Boasts Sperlich: "Chrysler seems...