Come 2009, Chrysler's "Phoenix" V6 will begin to be built in Derramadero, Mexico, as the automaker seeks to increase the availability of more fuel-efficient engines. The plant, located near the automaker's Dodge Ram factory, will employ 485 workers, churn out 440,000 units each year and will cost $570 million to build.

Since Chrysler intends to outfit 20 new models with the aluminum block V6 in the next three years, the new plant in Mexico will work alongside the new Trenton plant, which the automaker broke ground on last month.

[Source: Detroit News]