Photo: General Motors
General Motors executives are reportedly looking to cut $1 billion from material and logistics costs in North America by 2016.
According to The Detroit News, GM plans to do so by adding more local logistics facilities and moving suppliers closer to assembly plants. The Detroit-based automaker will also add stamping plants at assembly plants that lack such facilities and extend rail lines directly to its manufacturing units.
General Motors has already started building a $44.5 million logistics center at its Lansing Grand River Assembly plant, which will create 200 jobs, and is spending $3 million to extend a rail line to connect to a main track near the Detroit-Hamtramck plant.
In related news, GM will invest nearly $1.3 billion in five manufacturing facilities located in Michigan, Ohio and Indiana. The investments will fund production of a new V6 engine and a new 10-speed transmission.
Story via DetroitNews
General Motors has already started building a $44.5 million logistics center at its Lansing Grand River Assembly plant, which will create 200 jobs, and is spending $3 million to extend a rail line to connect to a main track near the Detroit-Hamtramck plant.
In related news, GM will invest nearly $1.3 billion in five manufacturing facilities located in Michigan, Ohio and Indiana. The investments will fund production of a new V6 engine and a new 10-speed transmission.
Story via DetroitNews
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