GM To Invest $328M in Flint Truck Plant
July 19, 2011
DETROIT (Story courtesy of Edmunds AutObserver)--General Motors will invest $328 million to prep its Flint, MI plant to produce the next generation Chevrolet and GMC full-size pickup trucks. According to GM, the investment will create or retain 150 jobs at the plant, which currently has 2,047 employees. Presently, the Flint plant builds heavy-duty versions of the Chevy Silverado and GMC Sierra. The investment announced Monday is part of $2 billion GM is spending in eight states throughout the next 18 months.
According to GM's press release, Michigan has been a major beneficiary in the current round of investments, designated for $744 million. The Flint Engine, Bay City Powertrain, Detroit-Hamtramck Assembly, Lansing Grand River Assembly, Saginaw Powertrain and GM Components Holdings in Wyoming, Mich., all were designated for manufacturing investment along with a $130 million Data Center on GM’s Warren, MI. Technical Center campus.