UPDATE 1-Daimler invests $600 mln in U.S. Mercedes plant

Newswire

(Adds details, quote, shares) 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 would be doubled to about 4,000 employees and annual production capacity at the 10-year old factory also will be doubled to about 160,000 vehicles, the company said in a statement. The plant, which currently builds the M-Class sports utility vehicle, will in ...

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