Daimler says invests $600 mln in US Mercedes plant

Newswire

FRANKFURT, Sept 25 (Reuters) - German automaker DaimlerChrysler said on Thursday it was investing about $600 million in expanding its Mercedes plant in Tuscaloosa, Alabama. As a result, the workforce and production capacity at the 10-year old factory will be doubled, said the company in a statement. The plant, which currently builds the M-Class sports utility vehicle, will in future produce the more luxurious Grand Sports Tourer.

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