Suzuki Plant Offers Employment Opportunities for St. Petersburg Women and Men
Suzuki Motor Corporation has made an agreement to spend $115 million on construction of a plant in St. Petersburg. The plant will produce the Grand Vitara and SX4 models. The deal will be part of a joint venture between Suzuki and the Itochu Corporation.
One of the factors that led to the decision was that the company has already met the goal it set for automobile sales in Russia in the first five months of the year. The factory will end up employing 500 people and the plans are to start production in late 2009 with an initial output of 30,000 cars per year.
Suzuki officials say that the proximity of St. Petersburg to Europe and a pre-existing automobile manufacturing industry were the main reasons the decision was made to set up shop in the area. Construction on the plant will start in early 2008.
The other car companies that are either building cars in St. Petersburg or plan to in the future include Toyota, General Motors and Nissan. Discussions are also underway with Hyundai and PSA Peugeot. In addition, close to 30 Japanese companies are currently located in St. Petersburg and a Japanese government business lobby, Jetro, is opening a branch in the city next month. Which all means more employment for St. Petersburg women and men.
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