(ADPnews) - Jun 18, 2010 - German carmaker Daimler AG (ETR:DAI) will invest some USD 194 million (EUR 156.8m) in its Detroit Diesel engine factory in Redford, in the US state of Michigan, the company said on Friday.
The financing will be used for ramping up engine production at the facility due to growing demand for the company's BlueTec diesel engines.
The project will be backed by a Michigan Economic Growth Authority Award of USD …
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