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
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
