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JV Partners Expanding Dundee
DaimlerChrysler AG, Mitsubishi Motors Corp. and Hyundai Motor Co. Ltd. will expand their Global Engine Mfg. Alliance plant in Dundee, MI, increasing annual capacity to 840,000 4-cyl. engines. The joint-venture partners agreed to invest an additional $323 million to fund the 450,000-sq.-ft. (41,805 sq.-m) expansion. Another 250 jobs will be created at the plant as a result. Dundee will supply engines
March 1, 2004
1 Min Read
DaimlerChrysler AG, Mitsubishi Motors Corp. and Hyundai Motor Co. Ltd. will expand their Global Engine Mfg. Alliance plant in Dundee, MI, increasing annual capacity to 840,000 4-cyl. engines.
The joint-venture partners agreed to invest an additional $323 million to fund the 450,000-sq.-ft. (41,805 sq.-m) expansion. Another 250 jobs will be created at the plant as a result. Dundee will supply engines to DaimlerChrysler, Mitsubishi and Hyundai North American plants, beginning in June 2005.
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