In what appears to be a never ending spending frenzy, American manufacturer GM announced its decision to invest a few more millions in what it believes to be a very bright future. The money, $88 million in all, will be used to upgrade the plant in order for it to be ready for the launch on a new product. Currently, the facility manufactures the Cadillac CTS.
Then name of the new model was not yet disclosed, nor any other type or related information released. In GM's own words, all of the money are to go into the equipment and tooling required for the production of a new model.
“Employees at Lansing Grand River have earned this investment through the high quality of their work and the flexible manufacturing that has been a hallmark of this plant since it opened in 2001,” said Manufacturing Manager Gerald Johnson. “We look forward to this plant continuing the world-class manufacturing performance for which it is known.”
No longer than a week ago (and a week before that as well) GM announced significant investments in its facilities. Before today, the last recipient of GM corporate money was the Arlington Assembly Plant, which is being used to produce Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades.
In all, until now and in the near future, the American automaker plans to invest a total of $2 billion in 17 of its main facilities in the US. It says that by doing so, it is also preserving some 4,000 jobs.
Then name of the new model was not yet disclosed, nor any other type or related information released. In GM's own words, all of the money are to go into the equipment and tooling required for the production of a new model.
“Employees at Lansing Grand River have earned this investment through the high quality of their work and the flexible manufacturing that has been a hallmark of this plant since it opened in 2001,” said Manufacturing Manager Gerald Johnson. “We look forward to this plant continuing the world-class manufacturing performance for which it is known.”
No longer than a week ago (and a week before that as well) GM announced significant investments in its facilities. Before today, the last recipient of GM corporate money was the Arlington Assembly Plant, which is being used to produce Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades.
In all, until now and in the near future, the American automaker plans to invest a total of $2 billion in 17 of its main facilities in the US. It says that by doing so, it is also preserving some 4,000 jobs.