- Toyota Motors Corp. and Kia Motors Corp. unveiled plans to build up to 400,000 more vehicles in factories in Indiana and Georgia.
South Korea-based Kia said it would build a $1.2 billion factory in West Point, Ga., its first in the U.S., while Toyota announced it would begin building Camry sedans at a Subaru plant in Lafayette, Ind., shifting production from a factory in Japan.
Related: Remembering Insourcing
Related: Globalization Tales
And an interesting nugget from the book, Cities in the International Marketplace:
- [Airbus] is the product of a European high-tech face-off with America. At the same time it buys products from its American nemesis, Boeing, and 40 percent of Airbus components are made in the United States.