
Alabama plant Isuzu Derailed
Isuzu Motors Ltd. has scrapped plans to build light commercial truck plant that has been reported they are intended to Pinson.
President Susumu Hosoi told Isuzu Kyodo News agency Wednesday that the company is concerned about the subprime crisis will hurt the economy of the United States, and that the problems are serious enough to put the company plans a plant in North America Waiting.
"Our outlook for the U.S. market on the road are not very good, and we do not see sufficient volume" of sales from there, "said Hosoi.
Last year, the automaker has purchased a warehouse of 300,000 square feet on Pinson Valley Parkway for 8 million dollars. People familiar with the state and local efforts to recruit Isuzu said the company planned to build commercial vehicles Light and employ as many 1,000 people on the site, The Birmingham News reported.
It is too early to abandon the project, however, said Chairman of the Board of Metropolitan Development Ted von Cannon. Von Cannon, head of the company that recruits new businesses to the area, said on Wednesday that projects are sometimes delayed due to global economic conditions. "I have not been told it is a question of death ' Von Cannon added. "We will continue to move ahead with all projects big and small."
Governor Bob Riley met Isuzu leaders on a trip to Japan in October, and said that the talks were "enthusiastic" and "very positive".
The Isuzu truck sales in North America increased by approximately ten per cent to 27,000 in 2006, the automaker said its goal was to 50,000. Almost all vehicles Isuzu, based in Tokyo sold in the U.S. are imported from Japan.
The plant has been much discussions. In September, Automotive News reported the Isuzu has delayed groundbreaking on the plant Pinson because he was considering a site in Mexico. In April, Nikkei, a Japanese newspaper reported Isuzu plans to build in Pinson and produce 5,000 trucks annually.
The manufacturer is already Radiator Isuzu trucks business in Japan. The trucks are equipped with a cabin low and boxy cargo area usually used by contractors, delivery services and plumbers. Isuzu also operates an assembly plant for commercial trucks in Janesville, Wisconsin, in partnership with General Motors Corp.
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About the Author
Anthony Fontanelle is a 35-year-old automotive buff who grew up in the Windy City. He does freelance work for an automotive magazine when he is not busy customizing cars in his shop.
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