General Motors Plans $150 Million Investment in Five Michigan Assembly Plants
GM said its plan includes a more than $100 million investment in the Lansing Delta Township Assembly plant to produce the next-generation GMC Acadia. In addition, the automaker plans a $32 million investment at the Flint Assembly plan for future production of heavy-duty Chevrolet Silverado and GMC Sierra pickups.
It will undertake a $17 million investment in the Romulus, Michigan propulsion plant to enhance automation and increase capacity of GM’s 10-speed truck transmission, which is used in full-size pickups and other key products, including the all-new Chevrolet Tahoe and Suburban, GMC Yukon and Yukon XL, and the Cadillac Escalade.
An additional $750,000 will be invested at GM’s site in Brownstown Charter Township, Michigan, as well as a $3.5 million investment at Orion Assembly. Both investments are related to additional production of the Cruise AV test vehicle at Orion Assembly.
“Today’s announcement means good jobs for Michigan residents and further solidifies our state’s continued leadership in advanced automotive manufacturing and mobility,” said Michigan Economic Development Corporation CEO Mark A. Burton. “We welcome GM’s continued investment in the state and look forward to the long-term economic opportunities it will create for working families across the state.”
In January, GM announced that it was investing $2.2 billion at its Detroit-Hamtramck Assembly plant to produce battery electric trucks and other electric vehicles. Just last week, the company announced Detroit-Hamtramck Assembly will now be Factory ZERO, establishing the facility, and the state of Michigan, as the “launchpad” of the company’s multi-brand EV strategy.
GM’s $2.2 billion investment in Factory ZERO, Detroit-Hamtramck Assembly Center for retooling and upgrades will position the facility to build EVs at scale. It represents the single largest investment in a plant in GM history. Once fully operational, the plant will create more than 2,200 good-paying U.S. manufacturing jobs. The investment is part of GM’s commitment to invest at least $3.5 billion in Michigan over the next 10 year announced at the beginning of the year by MEDC.
Sweden-based Volvo Construction Equipment Adds Shippensburg, Pennsylvania, Training Complex
“Made in America” Executive Order to Affect International Companies and FDI
Trends in Office and Industrial Parks
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Another Look at Rural Economies
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Supply Chain Execs Respond as Pandemic Creates E-Commerce Surge