JAY

Administrator
Administrator
First Name
Jay
Joined
Jan 13, 2015
Messages
1,914
Reaction score
5,847
Vehicle(s)
Wrangler
Build Thread
Link
Occupation
Admin
Vehicle Showcase
1
Fiat Chrysler eyes Toledo property for new vehicle customization facility

https://www.toledoblade.com/automot...operty-for-new-vehicle-customization-facility

December 18, 2020

Fiat Chrysler Automobiles wants to build a $23 million vehicle customization facility at the former Textileather and MedCorp properties in North Toledo to support its Jeep Wrangler and Jeep Gladiator production at its nearby Toledo Assembly Complex.

Mayor Wade Kapszukiewicz announced a pending purchase agreement with FCA on Friday and said he will present legislation to Toledo City Council next week to authorize the sale and redevelopment. The administration wants to sell the property to FCA for $1, “as an incentive for FCA’s proposed investment,” a news release said.

The company plans to build a 250,000-square-foot facility to be operated by a supplier employing more than 300 people, the release said.

“This is another major economic development win for Toledo, which is already benefiting from the redevelopment of the former Southwyck Shopping Center property in South Toledo, the Overland site, the Ironville property, and the Marina Lofts Toledo development,” Mr. Kapszukiewicz said in the release.

In exchange for the reduced sale price, the city intends to authorize a tax increment financing for the property prior to the sale. That will allow any increase in property tax revenue from the redevelopment to fund public improvements.

“The city will use the economic development tool to recoup its $6.8 million investment into the site over a period of time. No other incentives are being offered by the city of Toledo,” according to the news release.

FCA also will provide the city with a conditional buy-back option, which would allow the city to purchase the property for $1 in the event that the automaker has not developed the property for a vehicle customization facility within four years.

“The iconic Jeep brand has a special connection and history with Toledo and all of its residents. We appreciate the city council’s consideration of this proposal and would like to thank the city of Toledo and the mayor’s office for all of their efforts,” FCA spokesman Kevin E. Frazier said in an email. “At this time, we have no further details to provide.”

Textileather Corp. manufactured vinyl fabric in North Toledo for the automotive industry for decades until the company closed its doors in 2009, laying off hundreds of workers. The adjacent property utilized by MedCorp, an emergency ambulance service provider, closed in 2013.

That left two industrial buildings available for redevelopment.

City leaders knew the Toledo Assembly Complex had limited space to grow, which became an issue when the automaker began exploring how to expand or relocate its Jeep Wrangler production to meet growing global demand. So in 2014, under late-Mayor D. Michael Collins, the city began acquiring property for an incentive package to persuade FCA to continue building its Jeep Wrangler in Toledo.

The city bought the Textileather site in 2014 for $738,000 and then spent $1.6 million on demolition and environmental cleanup. It also purchased the former MedCorp property in 2014, for $1.37 million.

Paula Hicks-Hudson, who took over as mayor when Mr. Collins died, shepherded the purchases through city council.

Ultimately, the city was able to put together a 40-acre site ready for development.
Advertisement

 

Beowulf

Well-Known Member
Joined
Dec 24, 2017
Messages
362
Reaction score
245
Location
Colorado
Vehicle(s)
Jeep Wrangler Rubicon Unlimited
What kind of customization are we talking? Are they going to start competing with uplifting like AEV?

Jeep AMG, but for off-road and overland, instead of high-performance street?
 

Beowulf

Well-Known Member
Joined
Dec 24, 2017
Messages
362
Reaction score
245
Location
Colorado
Vehicle(s)
Jeep Wrangler Rubicon Unlimited
Perhaps, being able to get the Far Out or Way Out straight from JEEP.
 

aldo98229

Well-Known Member
First Name
Aldo
Joined
Nov 16, 2019
Messages
5,530
Reaction score
12,085
Location
Bellingham, WA
Vehicle(s)
2018 Jeep Wrangler Unlimited Sahara, 2018 Fiat 124 Spider Abarth
Occupation
Market Research
Vehicle Showcase
2
Neat! FCA is opening a second plant to fix all the problems that come out of the first plant... :LOL:
 
Last edited:

sf5211

Well-Known Member
First Name
Steve
Joined
Jun 14, 2019
Messages
1,472
Reaction score
1,973
Location
Bronx N.Y.
Vehicle(s)
New 2019 JL
Occupation
Plumber
Vehicle Showcase
1
The article said larger tires, lighting and side steps but I didn’t see anything about lift kits. My guess is they’re gonna be careful there. There’s no way they can deny a warranty if it came factory modded.
I agree with 4Low, this is just FCA keeping a stranglehold on the off-road market.
 

danzy55

Well-Known Member
First Name
Shane
Joined
Aug 14, 2017
Messages
455
Reaction score
639
Location
MA
Vehicle(s)
2020 Gladiator Rubicon, 2003 Wranger TJ Sport
Vehicle Showcase
1
Good for us, about time Jeep gets into the accessory/custom game. Think having that option is great, letting folks roll it into the price of the Jeep up front better plus all warrantied from the factory.
 

The Last Cowboy

Well-Known Member
First Name
Joe
Joined
Jul 2, 2020
Messages
1,559
Reaction score
2,659
Location
San Antonio, TX
Vehicle(s)
2020 JL Willys 2 door
Occupation
Wandering Vaquero
Makes me wonder if they will lease it to an outside vendor, like AEV.
 

ocrejects

Well-Known Member
First Name
Rick
Joined
Dec 20, 2017
Messages
590
Reaction score
271
Location
Orange County, CA
Vehicle(s)
2021 Rubicon, 2018 JLU Rubicon, 2018 Tiguan SE
Most important, pricing? Will they be able to complete? There adds are so expensive, after market upgrades are always less expensive and better. Plus they have thought of things that Jeep hasten. Not sure why with all of the money that Jeep makes, why is the after market always coming up with better parts.... :(
 

Warped

Well-Known Member
First Name
Tim
Joined
Jul 14, 2020
Messages
650
Reaction score
4,436
Location
Frederick, MD
Vehicle(s)
2020 JLUR, 2019 F-150, 2020 BMW GSA, 2015 HarleyRG
Build Thread
Link
sounds similar in concept to Harley-Davidson's CVO line. Trim them out, jack up the price, make money. Like previous comments, this would be perfect for AEV.
 

ThirtyOne

Well-Known Member
Rock Sponsor (Level 1)
Joined
Apr 18, 2017
Messages
5,348
Reaction score
7,877
Location
Chapel Hill, NC
Website
www.jeepdoodles.com
Vehicle(s)
2021 JLU Rubicon, 2017 Chevy Tahoe
Build Thread
Link
Most important, pricing? Will they be able to complete? There adds are so expensive, after market upgrades are always less expensive and better. Plus they have thought of things that Jeep hasten. Not sure why with all of the money that Jeep makes, why is the after market always coming up with better parts.... :(
If these items can be included in your VIN and all financed together then for many buyers it would definitely be worth it, even at a price premium.
 
Advertisement

D&C Designs
 
Advertisement
Top