Daimler AG to Invest $1B in AL Mercedes-Benz Facility
ByDaimler AG, which will invest an additional $1 billion in its Alabama footprint, has become the latest automaker to announce plans to expand its manufacturing operations in the U.S. this year. The German company will manufacture electric SUVs under its Mercedes-Benz EQ sub-brand in Tuscaloosa, Ala., and also build several other projects in the region, adding about 2 million square feet in the state.
The 20-year-old Tuscaloosa plant, which is already in the midst of a $1.3 billion expansion announced two years ago, will begin producing the SUV models of the EQ brand by 2020. The plant is currently being retooled to prepare for production of SUVs including plug-in hybrid models, which will make it easier to integrate the future electric models…
