The Road to Recovery in Detroit
Buisness Facilities Contributed Content
JULY 17, 2013
In 2008, Chrysler rolled the dice and told the world it would invest $1.8 The Jefferson North facility seemed an unlikely candidate in 2008 for this largesse. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009.
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