Saturday, 22 October 2011

Daimler to build fifth Mercedes model in Alabama, to invest $350M - Official

Daimler AG said it will invest $350 million to produce a fifth Mercedes-Benz model at its factory in Vance, Alabama, starting in 2015.

The investment will create an additional 400 jobs at the plant.The company did not provide details about the additional vehicle.

The model "is one of the 10 additional models which we will introduce within the next four years alone across all segments," chief executive Dieter Zetsche said on Friday.Daimler makes its GL-Class, M-Class and R-Class SUVs at the Tuscaloosa plant and ships them around the world, according to its website.

Daimler said in July it would invest more than $2 billion in the plant to build more M-Class SUVs.


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