Hopes rise for new auto plant
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Manufacturing News, Source : The Manufacturer US
Published : 06 Nov 2002 12:19
Hopes have risen that DaimlerChrysler will go ahead with developing a “world class” auto plant in Windsor, Ontario following a new labor agreement with 12,500 of its Canadian workers.
The corporation's president Dieter Zetsche said talks were likely to go on over the next year, and he was “very hopeful to be able to confirm then that we are having a business case” for the new plant. “I’m very confident and optimistic, but it’s not a final, done deal,” Zetsche said during a media conference call. Executives said that parts suppliers and governments still had to come on board to bring the project to fruition. The company said there have been no discussions yet with Canadian government officials on how taxpayers might contribute to the new assembly plant. Long-term partnerships with suppliers could include equity participation in the plant. “It might be possible that a supplier would operate the body shop or the paint shop in its entirety, including the investment and the staffing,” Zetsche said. “We are in discussions with the suppliers, and I am optimistic there. This labor agreement is giving us a framework that we can go for that.”
Although no announcement has been made about which products might be made there, the proposed plant is expected to open in 2005, boosting DaimlerChrysler’s 2002-2005 investment in Canada to “well above $3 billion,” Zetsche said.
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