Isuzu breaks ground on new US truck plant [Yahoo! Finance]
ISUZU MOTORS UNSP/ADR (ISUZY)
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Source: Yahoo! Finance
strengthen its market presence in the North American truck market and replace exports from Japan. The event, held at the construction site in the town of Piedmont, Greenville County, was attended by around 150 people, including the South Carolina Governor, Henry McMaster, the Japanese Ambassador to the US, Shigeo Yamada, and Isuzu CEO, Masanori Katayama. The plant, first announced in February, is scheduled to become operational in 2027. Isuzu is investing US$ 280 million in the facility, which will produce battery and diesel-powered N-series and F-series trucks, employing some 700 people by 2028. It will be operated by Isuzu's wholly owned local subsidiary, Isuzu North America Corporation (INAC). INAC Chairman and CEO, Noboru Murakami, said that his company “is committed to building not just a factory, but a long-lasting partnership with this community. Together, we will create jobs, drive innovation, and contribute to the future of mobility.” Isuzu said in a statement: “With
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