US Freightliner Plans Mexico Plant

US truck manufacturer Freightliner, a unit of US automaker DaimlerChrysler, has announced it is to invest $300 million in building a second plant in Mexico, planned for Saltillo, Coahuila and due to be operational by 2009. The plant will produce commercial trucks as the company gears up for an increase in consumer demand. Meantime, Freightliner prepares to shed jobs in North America in its heavy truck production facilities.