GM to Invest $331m in Arlington Assembly Plant
The new investment will add 110 jobs, in addition to an existing workforce of 2,400 hourly and salaried employees at Arlington apart from manufacturing machinery, equipment, special tooling.
Larry Zahner, manufacturing manager at GM, said: â€œThis investment will allow us to continue building award-winning full-size SUVs that offer better fuel efficiency than ever before without sacrificing the features and functionality theyâ€™ve come to expect. We remain committed to providing customers the utility and capability of our world-class full-size SUVs.â€
The automaker has already revealed to invest $69m for tooling and equipment at its Detroit-Hamtramck assembly plant to manufacture the new mid-size sedan Chevrolet Malibu, Impala large sedan, and the Chevrolet Volt and Opel Ampera electric cars.
This investment will add 2,500 hourly and salaried jobs in two shifts at the Detroit-Hamtramck assembly plant with additional shifts.
Earlier this month GM also said to invest about $2 billion in the US assembly and component plants, creating or preserving more than 4,000 jobs at 17 facilities in eight states. The investments in Arlington and Detroit-Hamtramck assembly plants are part of it.
In April 2010, GM said to invest $121m to support Malibu production. The new Malibu will be built in Detroit and Fairfax, Kansas, as well as China and Korea and will be sold in more than 100 countries on six continents.
With its global headquarters in Detroit, GM employs 202,000 people in every major region of the world and does business in more than 120 countries, and produce cars and trucks in 30 countries with its strategic partners.
Will the move commercially benefit the firm?
Have your say and discuss with your peers on the InfoGrok community.
Participate by posting your comments now.