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ASSEMBLY Capital Spending Report 2019: Manufacturers Continue to Invest in Technology

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ASSEMBLY Capital Spending Report 2019: Manufacturers Continue to Invest in Technology
Photo courtesy General Motors

In September, Toyota announced that it will invest $391 million in its truck assembly plant in San Antonio. Hyundai announced that it is investing nearly $300 million in its factory in Montgomery, AL. Brake manufacturer Bendix Spicer began construction on a $65 million expansion of its assembly plant Bowling Green, KY. And, automotive supplier Hirotec Group said it will invest $48 million to build a new assembly plant in Fayetteville, TN.

If you’re keeping score, that’s $805 million in capital investment from just four companies, in one month, in one industry, in one region of the country.

Yes, it is, indeed, a good time to be in the assembly technology business. […]

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