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MCC steers $477 million 'swatchmobile' facility into northeast France

Article Abstract:

Micro Compact Car GmbH will manufacture its innovative 'Swatchmobile' at a $477 million facility to be built at a 180-acre site in Hambach, France. Although only about 20% of the Swatchmobile's parts will be made at the plant, with the rest to be made by French and German suppliers and contractors, the new facility will be manned by about 1,900 people. Micro Compact Car is a joint venture between Mercedes-Benz and Switzerland-based Ste Suisse Microelectronique et d'Horlogeries SA, manufacturer of the popular Swatch watches.

Joint ventures

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Siegelman helps Honda's star fall on Alabama

Article Abstract:

Alabama state adds luster to its economic potential by playing host to one of 1999's biggest automobile deals. The negotiation involves the construction of Honda Motor Co Ltd's 1.7-million-sq-ft facility in Lincoln, Talladega County, AL. The $450 million project would house a total of 1,500 employees and is expected to aid in the economic advancement of the state. Reports revealed that the Honda deal was made possible through the efforts of Don Siegelman, one of the most highly successful entrepreneurs in Alabama.

Motor vehicles and car bodies, Economic aspects, Honda Motor Company Ltd., Alabama

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EU politics, Swatchmobile-style

Article Abstract:

Hambach, France, has been selected as the site of Micro Compact Car's Swatchmobile facility, winning over other sites in France and Germany. The two partners in Micro Compact Car, German automaker Mercedes-Benz and Swiss watch manufacturer Ste Suisse Microelectronique et d'Horlogeries SA, both made strong bids to have the plant located within their borders. However, economic considerations finally won over nationalistic fervor with Hambach's selection.

Reports, France

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