Saturn Spring Hill | TheDetroitBureau.com
Detroit Bureau on Twitter

Posts Tagged ‘saturn spring hill’

GM Doubling Investment in Once-Abandoned Plant

Spring Hill plant originally served as home to Saturn.

by on Aug.06, 2013

A new lease on life for the Spring Hill plant.

What was once one of General Motors’ most promising assembly plants – only to face abandonment as the maker plunged into bankruptcy – is getting a new lease on life.

GM will nearly double the planned investment in its Spring Hill, Tennessee assembly plant, adding $167 million to a previous package of $183 million. That will bring two separate vehicle programs to the factory, originally put up as part of the once-promising Saturn project. In all, the total, $350 million in spending should create or retain about 1,800 jobs, according to the Detroit maker.

Your Source for Auto News!

“Today’s announcement recognizes the commitment of Spring Hill employees and leadership,” said Mark Reuss, president, GM North America. “As a team, they draw upon the plant’s unique heritage and dedicated work force to deliver top quality for our customers.”

(more…)

Saturn Homecoming! Jobs Return to Spring Hill

Investment assumes successful “incentive negotiations” with local and state officials General Motors claims this morning.

by on Sep.17, 2010

Cost per taxpayer subsidized job will be controversial no doubt - the reason they weren't announced?

General Motors Company today promised to spend $483 million of taxpayer money and return 483 jobs of the 2,000 lost to its former Saturn plant complex in Spring Hill Tennessee.

There’s a catch though. This investment assumes successful “incentive negotiations” with local and state officials, according to Mark Reuss, GM North America President.

That these negotiations were not completed ahead of today’s press conference shows how leery elected officials are of a taxpayer revolt that is underway less than two months before the mid-term Congressional elections. Another – perhaps more plausible – theory is that the incentives are likely in place, but the politicians don’t want to admit to them before November.

As TDB previously reported, the jobs come from building current – and ultimately next-generation – Ecotec four-cylinder engines, as GM shifts its emphasis from larger and more fuel thirsty V6 and V8 engines. If the deal comes off,  GM would triple its North American production volume of four-cylinder engines with direct injection technology by 2012 when more stringent fuel economy rules start to take hold.  (See Unloved Ex Saturn Plant to Get New Ecotec Engine)

In a statement GM claimed that the additional work would bring to almost $2.9 billion the amount of new U.S. investment and 7,417 jobs that GM has created or retained in 20 U.S. plants since emerging from a controversial taxpayer financed – more than $50 billion –  bankruptcy in July 2009. (Hundreds of thousands of GM jobs were eliminated during the past two years, if you’re keeping score.) Employees filling these positions will be recalled in accordance with the United Auto Workers-GM National Labor agreement, which favors seniority not performance.

(more…)