Daimler Trucks CEO wary of economy

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Friday, June 15, 2012

Daimler Trucks CEO Martin Daum said if the company hadn't invested in its Swan Island factory before the recession, the company wouldn't have stayed.

Its remote location -- apart from most of Daimler’s East Coast factories and customers -- drove logistics costs as much as $4,000 higher for every truck the plant produced, said Daum.

“If you would build a (truck) plant today in North America, you would never ever consider Oregon or Washington,” he said.

Read more at OregonLive.com.

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