General Motors Investing $1.3 Billion to Upgrade Plants, Create Jobs

General Motors Investing $1.3 Billion to Upgrade Plants, Create Jobs

General Motors, maker of Buick, GMC, and Cadillac vehicles, has released details on a $1.3 billion investment that will upgrade facilities in 3 states and create or retain around 1,000 American jobs.

According to a press release from GM, these enhancements will help the company produce new fuel-efficient engines and transmissions while improving vehicle quality and streamline logistics.

General Motors Continues the Momentum

1387209059441

Click for a closer view

With the recent announcement, GM has invested about $10.1 billion in its U.S. operations since 2009, with $2.8 billion in 2013 alone, creating or retaining a total of 26,500 American jobs.

A large portion of the investment will go towards production of a recently-developed 10-speed transmission, which was a joint project between Ford and General Motors.

Another major part of the investment will go towards a new V6 engine. Specific details for both the 10- speed gearbox and V6 engine will be announced later.

Leaders at GM have hailed the move as a positive step for American manufacturing, continuing the momentum that GM and other automakers have built over the past years.

General Motors VP Mark Reuss said that “these investments add up to higher quality and more fuel-efficient vehicle” for drivers across the country.

“GM is committed to a strong American manufacturing base and creating jobs in dozens of communities throughout the country. (These) plant upgrades continue the momentum of a resurgent auto industry.” – Mark Reuss, GM Vice President

The recent $1.3 billion investment will be divided among 5 different locations:

  • GMReussInvestment02-medium

    General Motors Vice President Mark Ruess announces the $1.3 billion investment to workers in Flint, Michigan

    Flint Assembly, Flint, Mich: $600 million to upgrade facilities, including a new paint shop

  • Romulus Engine, Romulus, Mich: $493.4 million to produce 10-speed transmissions and increase V6 engine capacity
  • Detroit-Hamtramck, Detroit, Mich: $121 million for a new logistics optimization center
  • Toledo Powertrain, Toledo, Ohio: $30.6 million to increase capacity for 6-speed transmissions and tooling
  • Bedford Powertrain, Bedford, Indiana: $29.2 million to produce components for both the 10 and 6-speed transmissions

Proudly Serving Iowa City and Cedar Rapids

McGrath Buick GMC Cadillac is proud to be associated with General Motors, a company dedicated to American jobs and environmental responsibility.

If you are in the market for a great vehicle, give us a call at 888-696-1133 and we’ll help you get started right away!

Leave a Reply