Mercedes announces R3 billion investment for East London plant
German carmaker Mercedes-Benz Cars states it will invest an additional R3 billion into its East London plant in the Eastern Cape, following the launch of production on the New Generation C-Class design in South Africa.
The current effort follows a R10 billion financial investment initially revealed by the group in 2018, which saw the East London plant go through various upgrades in preparation for the production of the brand-new design.
At the launch of production, Mercedes-Benz stated it will make an extra R3 billion financial investment as part of its dedication to the revival southern African economy, and the socio-economic advancement of the East London area.
” South Africa is a crucial area in our international Mercedes-Benz production network. The group in East London made an impressive contribution to the worldwide ramp-up of the brand-new C-Class that we produce through effective, versatile, digital and sustainable operations,” stated Jörg Burzer, member of the board of Mercedes-Benz Cars, accountable for production and supply chain anagement.
” With our extra invest of R3 billion in the East London plant, we highlight our dedication to adding to the South African economy and the Eastern Cape area.”
Minister of Trade, Industry and Competition, Ebrahim Patel, stated the financial investment positions Buffalo City and the rest of Eastern Cape to continue its tradition of sophisticated production.
According to Mercedes-Benz, the R10 billion financial investment statement in 2018 was utilized for a large modernisation of the East London Plant– consisting of a brand-new Body Shop, which has actually been created for greater capabilities and functions more than 500 “Internet of Things” Industry 4.0-enabled robotics.
To date, all structures are total and the group stated it is all set for the production of the brand-new generation C-Class completely force.