VP Biden to visit Chrysler’s supplier park MondayWritten by Duane Ramsey | | email@example.com
Vice President Joe Biden is scheduled to visit the Chrysler Group’s Toledo Supplier Park on Aug. 23.
The White House confirmed that the vice president will visit the Chrysler Supplier Park complex in Toledo on Aug. 23, reported FOX Toledo News, media partner of Toledo Free Press.
Biden is expected to discuss how suppliers have played a pivotal role in Chrysler’s recovery, according to a Chrysler Group spokesperson who confirmed the vice president’s visit. A Chrysler official at the Toledo Supplier Park said Biden will take a short tour of the facility and make some comments but no additional details are available.
The automaker returned to profitability in the second quarter of 2010, which ended June 30.
The Chrysler Group reported an operating profit of $183 million in the second quarter and positive cash flow of $474 million strengthening its cash position to $7.8 billion. Net revenues increased 8.2 percent to $10.5 billion in the second quarter from $9.7 billion in the first quarter, according to the company.
The Toledo Supplier Park was the first North American auto plant to have three major vehicle-building operations managed by suppliers, according to Chrysler. The plant, which employs about 2,000 workers, is located on the same site in North Toledo as Chrysler’s North Assembly Plant where the Jeep Liberty and Dodge Nitro are built.
The supplier complex opened in 2005 as a joint partnership of Chrysler, KUKA Systems Corp. North America, Magna International Inc. and Hyundai-owned Ohio Module Manufacturing Co. (OMMC). The plant includes the body shop operated by KUKA, paint shop by Magna and chassis assembly by OMMC with Chrysler handling assembly of the major components for the Jeep Wrangler.
Biden’s trip is a follow-up to President Barack Obama’s visit to Chrysler and General Motors assembly plants in Detroit last month.
FOX Toledo News reported that Biden will also visit Willard & Kelsey Solar Group in Perrysburg where he appeared on his last visit to the area June 23, 2009. The company was founded in 2007 to produce solar panels using silicon thin-film photovoltaic technology.