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GM Launches $1.3 Billion Capacity Expansion in U.S.

General Motors Co. plans to spend almost $1.3 billion most of it in the next two years to upgrade five factories in the Midwest to make next-generation pickup trucks and the powertrains to go with them.

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General Motors Co. plans to spend almost $1.3 billion most of it in the next two years to upgrade five factories in the Midwest to make next-generation pickup trucks and the powertrains to go with them.

Most of the investment will go for two projects in Michigan:

  • $600 million to install a new paint shop and other improvements at the GM Chevrolet Silverado/GMC Sierra truck plant in Flint
  • $493 million to prepare an engine plant in Romulus to make a new V-6 engine and 10-speed automatic transmission
Three more projects will involve investments of:
  • $121 million to add a logistics optimization center at the company's Detroit-Hamtramck assembly plant
  • $31 million to boost capacity to make 6-speed automatic transmissions in Toledo, Ohio
  • $29 million to enable a casting plant in Bedford, Ind., to make components for 6- and 10-speed automatic transmissions

Gardner Business Media - Strategic Business Solutions