Daimler will spend 190 million euros upgrading Spanish van plant

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BERLIN (Reuters) -- Daimler says it will spend about 190 million euros ($260 million) to upgrade a van factory in Spain, readying the site for production of new models this year.

Daimler said on Wednesday in a statement that it would modernize the paint shop, body shop and assembly lines at the plant in Vitoria in northwestern Spain where it builds the Mercedes-Benz Viano and Vito models.

The factory, the second largest of Daimler's eight global van factories with over 3,100 workers, is due to build new generations of the Viano and Vito in 2014.

The plant, which was built in the early 1950s, has been building the two models since 2003. About 75,000 vans are built annually, Daimler said.

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