UPDATE: GM Announces Billions of $ Investments In Future Production

UPDATE: 12:40 p.m. – 6 News reporter Nick Perreault spoke with plant manager Mike Trevorrow who said $520 million will be spent at the Delta Township facility. That money will be spent on equipment for future programs to put new technology in place and to put finishing touches on cars. Another $139.5 million will be used to build a new stamping facility and a new body shop in Warren.
1900 jobs will be retained as a part of the investment announced today in Warren as well.

According to Cathy Clegg, vice president of GM North American Manufacturing, the investments underscore the focus on product improvements that benefits GM customers.

The $5.4-billion new investment translates to GM investing in U.S. operations about $5 million a day or $150 million every month for the next three years.

(WLNS) – GM announces a $5.4 billion investment in US plant improvements over the next three years.

$783 million of the investment involves three Michigan facilities. GM officials say that’s evidence the company is preparing to build future vehicles.

$520 million will be for tooling and equipment for future vehicles. The investment will help retain 1900 jobs and an additional $139 million for a new body shop.

Union officials said the news is a show of support for Lansing. “It’s great for Lansing and Michigan and proud to hear this today. We will continue to build and make them better,”said the UAW’s Bill Reed.

We’ll have updates online and on 6 News at 5 & 6.

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