A news story on Mlive.com is about a rumor going around that Chrysler is looking to add a huge investment into one of its plants with the purpose of building a new Pentastar engine. Chrysler Group LLC is allegedly going to put forth $198 million to make this happen at their Mack Avenue Engine I plant in Detroit. An added benefit of this additional funding for the plant would lead to the creation of 250 new jobs.

The company said in a statement, “Chrysler Group will be working with the city of Detroit and the state of Michigan regarding potential economic development incentives to assist us in making the business case for the investment.”

The Mack Avenue Engine I plant currently makes the 4.7-liter V8 engines in the Ram 1500. The plant was converted to produce the Dodge Viper in 1992 but unfortunately, it was moved to the Conner Avenue Assembly Plant in 1995, and that includes the new Viper SRT. The plant currently employs 144 hourly workers.

As soon as Chrysler makes an official comment on the speculations, we’ll be sure to let you know. Until then, check out the available Mopar E-Store online at Bayside’s website. Also like us on Facebook and follow us on Twitter for constant updates on Mopar deals and news.