Daimler AG to Invest $1B in AL Mercedes-Benz Facility

The German automaker will produce electric SUVs under the EQ sub-brand by 2020. Plans also call for a global logistics center, an after-sales North American hub and an electric battery factory near the Tuscaloosa facility.

Daimler 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…

Daimler AG to Invest $1B in AL Mercedes-Benz Facility

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