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GM Dropping $5.4 Billion in Plants in Next Three Years

Automaker kicks off plan with $800M in three Michigan facilities.

by on Apr.30, 2015

GM's Alan Batey announced the maker will invest $5.4 billion in plants over the next three years, including $783.5 million for three Michigan facilities.

With its Pontiac Metal Center as the backdrop, General Motors officials announced plans to invest $5.4 billion into its facilities around the world during the next three years.

The maker is starting with $783.5 million at three plants in Michigan, beginning with $124 million for the aforementioned metal center in Pontiac, Michigan, which pre-tests all major body panel dies under regular production conditions. The process allows stamping plants to produce production-ready parts more quickly.

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Additionally, the company is investing $520 million in tooling and equipment for future programs at its Lansing (Michigan) Delta Township plant. The move keeps 1,900 jobs at the site. GM is investing $139.5 million in a new body shop and for stamping facility upgrades at its Warren, Michigan-based Pre-Production Operations center. (more…)