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Chrysler to boost 1973 capital spending with plant expansion
Chrysler Corp says 1973 capital outlays will rise about 30 percent to around 215 million dollars. The plan includes a 24 percent capacity increase at its New Castle plant, maker of shock absorbers and steering components. No cost given for the project. Townsend forecasts 1973 car and truck sales near 13.5 million, with trucks about 2.6 million.
MENTIONED IN THIS ARTICLE
Detroit Chrysler Corp
New Castle, Inc
General Motors Corp
Ford Motor Co
Chrysler
Stanton
Lynn Townsend
Townsend
Ford