NEW: European Automaker To Invest $4 Billion In Red State Manufacturing Plant
Mercedes-Benz has announced plans to invest $4 billion at its Tuscaloosa County plant in Vance, Alabama, through 2030. The German automaker confirmed the move on Tuesday during a ceremony at the facility that also featured the unveiling of updated GLE and GLS SUVs and the production of the plant’s five-millionth vehicle since operations began in 1995.
The investment forms part of a broader plan to commit more than $7 billion to U.S. operations by 2030. It includes shifting production of the GLC SUV from Germany to Alabama to increase local output of high-volume models, according to a report from Fox Business.
The Tuscaloosa plant, known as Mercedes-Benz U.S. International (MBUSI), currently employs approximately 5,800 workers and assembles a number of the automaker’s models, including the
Read The Full Story
Categories
Advertisement
Leave a comment


Comments