SOUTH AFRICA > Germany based Mercedes- Benz Cars is set to invest €600 million ($705.09 million) in East London, South Africa

Mercedes Benz logo Including the construction of a new paint shop and a new body shop, Germany based Mercedes- Benz Cars is set to invest €600 million($705.09 million) in East London, South Africa. The investment also will include an upgrade of the assembly shop and new logistic warehouses. The new building will comprise an area of approximately 100.000 sqm. which reflects the addition More …

RUSSIA > Germany’s Daimler to build car plant in Russia for Mercedes-Benz with $264.04Mn investment

Unternehmenszeichen_Abb_03 Germany based Daimler is set to invest €250Mn ($264.04Mn) in new car plant for Mercedes-Benz in Russia creating more than 1000 jobs. The plant is planned to be built at Esipovo Industrial Park, about 40 kilometers northwest of Moscow. Daimler expects its first cars to leave the assembly line in 2019.   About Mercedes-BenzMercedes-Benz is a global automobile manufacturer and a More …

USA > Germany based Daimler Locates Distribution Center in Whitestown, Indiana

Daimler_AG.svg Daimler Trucks of North America located its first Midwest parts distribution center in Whitestown, Indiana with a $12 million project (280,000 square-foot facility). The investment is targeted to create 45 new jobs by 2017. According to Inside Indiana Business – the Indiana Economic Development Corp. offered Daimler up to $310,000 in conditional tax credits based on the company’s job creation More …