German automaker Daimler Ag., said on Thursday it would invest more than $2 billion in its car plant in Tuscaloosa, Alabama, to build more M-Class SUVs, the successor generations of the GL-Class and the C-Class.
The amount is one of the largest single manufacturing investments in the state’s history, and it will equal Mercedes’ current $2 billion investment at the Vance plant, which was made over the past 17 years.
Dr. Dieter Zetsche, Chairman of the Daimler Board of Management and Head of Mercedes-Benz Cars:
“We’re continuing to write new chapters of the plant’s success story with significant investments into the future. Tuscaloosa was the first production location of Mercedes-Benz Cars ever outside Germany, and today it is among our best. As our ‘pioneering plant,’ it is also the blueprint for our new operations in emerging markets.” In a special address to the entire MBUSI team, Zetsche highlighted their contributions: “A big thank you to the team that helped us get that far – all of you!
The automaker is investing heavily in production outside its German home market as it banks on growing demand for cars and trucks in North America and emerging markets.