Southeast's auto industry climbs into the driver's seat: the face of the U.S. vehicle assembly industry has changed dramatically in the past 20 years. As the number of domestically owned production facilities in the United States declines, foreign plants are expanding. The Southeast, where labor and land costs are attractive, draws many of the new assembly facilities.
From: EconSouth
|
Date: 3/22/2005
|
Author: Uceda, Gustavo
Auto production in the Southeast continues to expand. The nine assembly plants and numerous associated suppliers located in the region continue to add to payrolls as auto manufacturers establish new production in the Southeast or increase production at existing facilities. This trend has been well publicized and is the result of several factors, including the desire by foreign producers to locate assembly close to U.S. markets, incentives from state and local governments, lower labor ...
COPYRIGHT 2005 www.frbatlanta.org
This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
For permission to reuse this article, contact Copyright Clearance Center.