Mexican Media Brands
Subaru May Spend $300 Million on Indiana 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 Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
-
Multiple Choices for Light, High-Performance Chassis
How carbon fiber is utilized is as different as the vehicles on which it is used. From full carbon tubs to partial panels to welded steel tube sandwich structures, the only limitation is imagination.
-
Global Supply of Automotive Fasteners from a Single Source
PennEngineering offers a global supply for a wide range of fasteners for the automotive industry, including China-based facilities that manufacture standard and custom products to world-class standards of quality at lower cost.
