"President Obama gave a shout-out to Daimler Trucks for investing $120 million in the Daimler Detroit Diesel plant in Redford, Mich..."
Some good news for Detroit, including the spin-off jobs that come with new investments.
Daimler Monday announced it was investing $120 million in the Daimler Detroit Diesel plant in Redford, Mich., that will create "115 good, new union jobs building transmissions and turbochargers right here in Redford," Obama said.
Daimler Trucks North America is the only manufacturer ....with a fully integrated powertrain from its own production...
With the investment, Daimler Trucks North America is the only manufacturer in the North America Free Trade Agreement Region with a fully integrated powertrain from its own production, the company said in a release.
The plant already turns out engines and axles. With the investment, the plant soon will be building all the key parts that go into a truck, Obama said.
"No one else is doing that," he said.