General Motors

GM To Invest $356 Million In Michigan Factories

General Motors has announced that they plan to spend $356.35 million on factory upgrades at their Flint, Saginaw and Grand Rapids, Michigan, production facilities. This is part of an extensive investment plan, which will see the company put $1 billion into the state’s economy through 2030.

Of the initial $356.35 million, $263 million will be put toward a future engine program in the Flint Engine Operations plant, $50 million will go to the Saginaw Metal Casting Operations factory for driveline components, and $43.35 million will be allotted for powertrain parts at the Grand Rapids Operations facility.

GM has shown incredible dedication to US manufacturing throughout 2015, pledging a total of $7.1 in factory upgrades. The biggest spending to-date has been $1.4 billion at the company’s fullsize SUV plant in Arlington, Texas, along with $1.2 billion at the Fort Wayne pickup plant, and $1 billion for updates at The Warren Technical Center.

Source: Autoblog

Rachel Despres

Rachel Despres