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They are not planning layoffs, and many are not expecting to add jobs or expand plants, either.
The company also plans to invest 400 million euros ($398.7 million) to expand plants in Spain and Poland and to strengthen marketing channels.
Missouri is among the big beneficiaries of the industry's revival, with the Ford Motor Company and G.M. recently announcing plans to invest a combined $1.5 billion to expand plants in that state.
Janel Patterson, a spokeswoman for the New York City Economic Development Corporation, says the agency, as well as the city's Industrial Development Agency, is working with five companies that are looking to either expand plants in College Point or to move there.
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Simply removing one or two lower branches to allow more light in from the side can instantly expand planting possibilities.
Recently 19 new or expanded plants have been announced by firms including US Steel, Alcoa and ArcelorMittal.
Some of the new or expanding plants come at the expense of plant closings in the United States.
That could encourage them to resume expanding plants and buying machinery -- once they are convinced the economy is really gaining enough strength to warrant such investment.
PAGE A5 Foreign Carmakers Expand Even as General Motors and the Ford Motor Company have been announcing thousands of job cuts at auto plants, foreign automakers like Toyota are aggressively building new factories and expanding plants they opened not long ago.
In a statement after his speech, opponents of several of the power plant projects disputed the need for so much new electricity capacity and questioned why most of the new or expanded plants would be built in lower income neighborhoods.
"With the expanded plants set to herald new models, VW may continue to pursue this strategy in order to capture even more sales," it told clients in a note.
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