Economic Development Futures Journal

Tuesday, July 08, 2003

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DaimlerChrysler In Georgia Update

DaimlerChrysler AG's board of directors is expected to vote today on whether to go ahead with plans to build a $754 million Sprinter van plant in Pooler, near Savannah.

State officials have waited nearly a year for a decision, despite former Gov. Roy Barnes' claim last October that the plant was a done deal for Georgia.

Then -- as now -- DaimlerChrysler officials said nothing was definite and that no contracts had been signed.

A decision would end nearly a year of uncertainty and mixed signals about the project, which would be the state's largest to date. Should the board sign off on the project at its meeting Wednesday, Georgia economic development officials plan a ceremony on Monday in Savannah.

The worldwide vehicle industry is overcapacity. It doesn't take a rocket scientist to see that we have more production capacity than is needed in the US and elsewhere across the globe. With the turmoil in the past couple years, is it little wonder that Daimler is moving slowly on a new plant decision.

Read more here.

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