General Motors plans for Expansion of Assembly Plant At Spring Hill, Tennessee with an investment of $788.7 Million.
This investment is used for an all-new, high-efficiency engine program, as well as projects to modernize the vehicle programs at its Spring Hill Manufacturing Plant, creating 792 and retaining 16 jobs. At the same time, GM announced a $118 million investment at its Bay City Powertrain facility, creating 29 and retaining 67 jobs.
Since 2010, GM has announced investments of more than $2 billion for the Spring Hill operations. This includes a $148-million investment announced in February to repurpose flexible machining and assembly equipment to build V8 engines.
Construction will begin in May and will last several years. “This investment will help GM and our workforce continue to put the customer at the center of everything we do, providing them with powertrain solutions to meet their changing needs,” said Arvin Jones, GM North America manufacturing manager. “Today’s announcement reinforces our absolute faith in this facility, and our strong commitment to this community and the state of Tennessee.”
According to Cindy Estrada, vice president and director of the UAW General Motors Department, this investment helps secure a bright future for its workforce.
“UAW members at Spring Hill and Bay City have well-earned reputations for quality work and craftsmanship,” said Estrada. “Since the 2015 collective bargaining agreement, GM has invested more than $1.7 billion and UAW-GM members, their families and their communities will all benefit for years to come.”
The Tennessee Valley Authority worked with government and company representatives in helping secure this investment announcement.
”TVA understands the importance of reliable, affordable electricity to General Motors and the entire automotive industry. We are proud to be a partner in this announcement, which will lead to more jobs and investment in the region’s economy,” TVA President and CEO Bill Johnson said.
|Company Name||General Motors|
|Location||Spring Hill, Tennessee|
|Estimated Cost||$788.7 Million|
|Jobs||792 And Retaining 16 Jobs|
Source : media.gm.com