GM Investing $545 Million In Five Core Michigan Plants
Investment for Pontiac, Ypsilanti, Romulus and Lansing Sites
PONTIAC, Mich. – General Motors today announced it is investing more than $545 million in five of its key Michigan-based manufacturing plants.
The specific facility investments are:
· $163 million to retool its Pontiac truck plant for production of the next generation Chevrolet Silverado and GMC Sierra full-size trucks late this year
· $32 million in its Pontiac metal stamping plant for innovative sheet hydroforming equipment used to stamp much of the sheet metal for the Pontiac Solstice, Saturn Sky and the future Opel roadster
· $138 million for its Lansing Grand River assembly plant to expand the body shop by more than 120,000 sq. ft. for future vehicle production
· $152 million for its Ypsilanti Transmission plant to increase production capacity of GM’s new rear-wheel drive six-speed transmission
· $60 million for the Romulus Engine plant for various future engine upgrades
“GM’s investments demonstrate our commitment to continuously improve our products,” said Joe Spielman, vice president and general manager of GM North America Manufacturing. “They also show our dedication to strengthening our Michigan manufacturing operations.”
Michigan Governor Jennifer Granholm commented on the importance of the investment. "GM's decision to invest more than a half billion dollars in these manufacturing plants clearly signals their belief in our highly skilled and dedicated work force,” Granholm said. “Because the automotive industry is such an important cornerstone of our state's economy and livelihood, we are thankful that GM has chosen to further invest in Michigan."
These investments help GM retain current jobs at the five facilities, while creating more than 280 new jobs at the Pontiac truck assembly plant. GM does not anticipate the need for any new hires.
Press info 2-14-2006
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-----The orginal Mr.Goodwrench on the JBO since 11/99-----
awesome news..
Does that mean we'll be getting the Opel roadster over here?
Granted their the same thing as a saturn sky, but it's UDM yo!
-Chris
those are some expensive PANTS! :o lol sorry had to.
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BlackyK wrote:Pyros777 wrote:those are some expensive PANTS! :o lol sorry had to.
Exactly my thoughts lol.
Sorry guys, this like the 2nd this week with a typoed tittle
It should read...
GM invests $545 million in 5 plants
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-----The orginal Mr.Goodwrench on the JBO since 11/99-----
Yeah I just couldnt resist.
So, does that mean we may see the Opel roadster? Or does it mean parts are manufactured here and shipped overseas for assembly?
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nm thought about it. no way would we ever get an opel. carry on. lol
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The Opel will be made here and shipped to Europe. But the Opel will be the same as the Saturn, just with minor exterior differences.
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-----The orginal Mr.Goodwrench on the JBO since 11/99-----
i see how it is, invest in the solstice and the sky, but the oshawa plants can go down the @!#$ter
Injection is nice but id rather be BLOWN!
Mr.Goodwrench-G.T. wrote:I see thats was IamRascal's fault not mines.
?i fail to see how its my fault.
-Chris
That's alot of money but damn i hope it works for the best
Okay you guys enough about the tittle. My question is, Does this mean GM wont be closing any PANTS.....sorry, plants? Does it mean they already are doing better? Also I ask this because I saw a commercial during "OVERHAULIN' " about how GM now has over some million cars that are running on Ethanol. It's like they were never in a slump.
OBJECTS ON MIRROR ARE FORDS AND HONDAS
They are improving on the hot sellers that make the cars and parts. It is a good sign. But, "GM does not anticipate the need for any new hires" from the last sentence.
Quote:
no he didn't, i edited your post to fix the title in the forum
See I knew that.
Thanks
My bad Rascal.
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-----The orginal Mr.Goodwrench on the JBO since 11/99-----
Heck if GM doesn't invest in a new Product for the plant I work at we will get shut down by September 1, '08. The Vehicle that we make doesn't meet EPA standards past that date.
Plus there are many other plants that are going to be shut down.
And Yes GM is investing money in the hot stuff.
NfamousZ24 wrote:Heck if GM doesn't invest in a new Product for the plant I work at we will get shut down by September 1, '08. The Vehicle that we make doesn't meet EPA standards past that date.
Plus there are many other plants that are going to be shut down.
And Yes GM is investing money in the hot stuff.
What plant/vehicle are you talking about? I'd like to know which one may be phased out soon...
