Mexican Media Brands
Subaru May Boost Investment for U.S. Plant Expansion
Fuji Heavy Industries Ltd. has decided to spend 30 billion yen ($300 million) instead of the previously budgeted 20 billion yen to expand capacity at its Subaru assembly plant in Lafayette, Ind., according to The Nikkei.
Share
Fuji Heavy Industries Ltd. has decided to spend 30 billion yen ($300 million) instead of the previously budgeted 20 billion yen to expand capacity at its Subaru assembly plant in Lafayette, Ind., according to The Nikkei.
The Japanese newspaper, which does not cite its sources, reiterates its earlier report that the expansion would hike the factory's annual capacity by 100,000 units to 370,000 vehicles by the 2016-2017 fiscal year. The facility builds the Toyota Camry and Subaru Legacy midsize sedan, Outback wagon and Tribeca crossover vehicle.
FHI said last week it is finalizing American capacity plans, which it expects to disclose when it reports earnings next month. Tight supplies are limiting Subaru's sales in the region.
RELATED CONTENT
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
