Daimler To Announce Investment In U.S. Plant As Obama Visits

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German automaker Daimler will announce increased investment in a Michigan plant on Monday, the same day President Obama visits the facility, the Detroit Free Press reported:

The White House said the investment is expected to be $100 million or more and, with it, Daimler Trucks North America will become the first heavy-duty vehicle equipment manufacturer on the continent to build a fully integrated powertrain from on production facility.

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