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Posts Tagged ‘GM plant investment’

General Motors Investing $900 Million in Plants

Former Saturn site gets nearly $800 million in upgrades.

by on Apr.28, 2016

GM is investing nearly $800 million into its Spring Hill, Tennessee, plant as part of a larger investment plan.

General Motors plans to spend $788.7 million for an all-new, high-efficiency engine program, as well as projects to modernize the vehicle programs at its Spring Hill (Tennessee) Manufacturing Plant, creating 792 and retaining 16 jobs.

GM also announced a $118 million investment at its Bay City Powertrain facility, creating 29 and retaining 67 jobs.

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The GM announcement re-enforces a pattern of new investments in powertrain elements by domestic carmakers as the pressure mounts to meet increasingly tough standards for better fuel economy and cleaner emissions. GM isn’t alone in spending on its manufacturing operations these days. (more…)

GM Invests $356.4 Mil in Michigan Plants

Plants in Flint, Saginaw and Grand Rapids getting upgrades.

by on Dec.16, 2015

GM is investing more than $350 million in upgrades to plants in Flint, Saginaw and Grand Rapids, Michigan.

With profits from sales pouring in to the company, General Motors is stepping up its spending on re-tooling its factories, including more than $350 million at three plants in Michigan, the automaker announced.

GM is investing $356.4 million for upgrades, including in a new engine line in Flint and driveline and powertrain components equipment in Saginaw and Grand Rapids, creating more than 50 jobs and retaining nearly 500 other positions.

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“These investments will better position GM and its work force to produce high quality engines and components for customers who demand greater fuel efficiency and performance from our vehicles,’ said Bill Shaw, GM North America Manufacturing manager. (more…)

GM Invests $245 Mil in Michigan Plant

Orion plant will add 300 jobs due to new program.

by on Jun.22, 2015

GM announced plans to invest $245 million into its highly automated plant in Orion Township, Michigan.

This story has been updated with new information.

General Motors’ latest plant investment of $245 million will net 300 new jobs and set the Orion, Michigan, plant on a path for a completely new project, officials said today.

The new program joins the Bolt and those new workers will be brought on sometime after the tooling is installed next year to begin production of the new EV.

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“Orion Assembly is a breeding ground for manufacturing innovation,” said GM North America Vice President of Manufacturing and Labor Relations Cathy Clegg. “It serves as a model for how to engage the entire workforce at all levels to achieve success. The plant is up to the challenge of building this brand-new product, something it’s never seen before.” (more…)

GM Invests $119 Million in Michigan Components Plant

Money will nearly double workforce size at facility

by on Jun.01, 2015

GM's Grand Rapids, Michigan, components plant is getting $119 million to "support" the production of future components.

General Motors’ latest target for investment is the company’s plant in Grand Rapids, Michigan, which will get $119 million to support the site’s components production capability. The action will create 300 jobs, nearly doubling the facility’s workforce.

The move is the latest in GM’s plan to invest $5.4 billion into its plants and other sites during the next three years to improve product quality and capability. The plan called for the addition of about 650 new employees and this move accounts for half of them.

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The Grand Rapids plant, which produces engine components, employs 500 people working three shifts. The money will be used to “support production of future vehicle components,” and GM said more details would be available at a later date. (more…)

GM Hints of Switch to Aluminum Bodies

Nearly $800M investment focuses on work with aluminum and steel.

by on May.01, 2015

GM invested nearly $800 million in three Michigan facilities, in part, to allow them to use more aluminum in production.

General Motors has dropped a big hint about its future vehicle plans this week – and that could mean a major shift from classic steel to aluminum bodies in the coming years.

The move would follow the lead set by rivals such as Ford Motor Co. – which launched an all-new, “aluminum-intensive” version of its F-150 for 2015 – Audi and Jaguar, the latter two adopting the lightweight material for a number of new luxury models. So-called “lightweighting” has become a critical goal for the auto industry as it struggles to meet tough new emissions and fuel economy standards.

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A possible switch to aluminum by GM was hinted at during a news conference revealing the maker’s plan to invest $5.4 billion in new plants and equipment. That includes a revamp of the prototype plant in Warren, Michigan where GM builds the first iteration of new vehicles under development before they are transferred to the assembly plant where the finished product is assembled. (more…)

GM Investing More Than $1 Billion in Plants in Europe, North America

Backing reflects confidence in future products.

by on Nov.24, 2014

General Motors is investing more than $1 billion in to plants in Europe and North America, including $40 million into its plant in Pontiac, Michigan.

General Motors is investing more than $1 billion in plants in Europe and North America to ensure the former achieves its goal of profitability while the latter can handle updates to existing vehicles as well as any new products.

Despite the fact that GM Europe has lost money for 17 years, the automaker plans to invest more than $300 million in Adam Opel’s home base in Rüsselsheim, outside of Frankfurt, Germany.

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Mary Barra, GM’s chief executive officer, said that a new model will be produced at Opel’s plant in Rüsselsheim by the end of the decade.

“This SUV will be the brand’s second flagship alongside the Insignia,” Barra said. As announced in March, $300 million will be invested in Opel’s Rüsselsheim plant to meet future requirements,” Barra said. (more…)