Over the past two days, General Motors has made some big investments in two of its production facilities as it looks to the future after closing several plants and laying off 5,400 salaried workers.
The news yesterday was a $36M investment in the Lansing Assembly Plant where GM builds the Chevy Traverse and Buick Enclave. GM says the investment is for a new crossover vehicle they have yet to name.
“We are proud of the hard work and commitment of the entire Lansing team and the Chevrolet Traverse and Buick Enclave are important products in our growing crossover portfolio,” said GM Chairman and CEO Mary Barra during a visit to the plant to meet with employees and community leaders. “This investment will allow us to prepare the plant for future crossover production.”
Since 2009, GM has invested more than $600 million into the Lansing Delta Township plant.
Then today, GM announced another $20M investment in the Romulus, Michigan plant to build more 10-speed transmissions. Currently, Romulus builds V-6 engines and 10-speed transmissions used in several GM cars, trucks and crossovers.
The new investment will be used to purchase additional machining equipment that will enable the transmission capacity expansion. GM said it is not disclosing specifics or timing related to the plant’s future products at this time.
“Romulus has a long-standing reputation of quality, productivity and performance and we are proud of the hard work and commitment displayed by the entire Romulus team,” said GM Chairman and CEO Mary Barra during a visit to the plant to meet with employees and community leaders. “GM’s investment in Romulus will enable the plant to continue playing an important role in our core business going forward.”
Since 2009, GM has invested more than $880 million at the Romulus plant. The plant currently employs about 1,350 people.
This news comes on top of the older news with 5 North American plants closing and a 15 percent reduction in the salary workforce. GM said then it planned to shift its business towards EV and autonomous vehicle production.
Leave a Comment