FILE - In this April 20, 2014 file photo, visitors look at the latest model from Mercedes at an auto show in Beijing. Nearly half of foreign companies in China feel singled out in a wave of anti-monopoly and other investigations, and a growing number are deciding not to expand their investments, the American Chamber of Commerce in China said Wednesday, Feb. 11, 2015. (AP Photo/Ng Han Guan, File) LADSON, S.C.-- Daimler AG says it will spend about $500 million and create 1,300 jobs with a new plant near Charleston that will build its Sprinter vans.
The company issued a news release this morning. It is making the formal announcement at the existing plant in Ladson, which is about 30 miles from Charleston.
Currently, the Ladson plant assembles vans under the Mercedes-Benz and Freightliner brands from parts made overseas and shipped to this country in kits.
Construction on the new plant is supposed to start in 2016.