GM to invest $800 Million in it's CAMI manufacturing plant at Ontario, Canada

Specifications:

Name:

GM to invest $800 Million in it's CAMI manufacturing plant at Ontario, Canada

Location:

Ontario

Company:

GM

Estimated Cost:

$800 Million

Source:

gm.com

Introduction:

General Motors plans to bring production of its recently announced BrightDrop electric light commercial vehicle, the EV600, to its CAMI manufacturing plant in Ingersoll, Ontario.

Features:

The nearly $800 million (1 billion Canadian dollar) investment will support GM’s timing to deliver BrightDrop EV600 in late 2021. The investment will enable GM to convert CAMI into Canada’s first large-scale electric delivery vehicles manufacturing plant.

The new CAMI investments build upon other recent GM investments in Canada, including the recently announced nearly $1.03 billion (CA$1.3 billion) Oshawa Assembly Pickup investments; an $86 million (CA$109 million) product and $22 million (CA$28 million) Renewable Energy Cogeneration project at St. Catharines; a nearly $135 million (CA$170 million) investment in an after-market parts operation in Oshawa; expansion of GM’s Canadian Technology Center, including investments in the new 55-acre CTC McLaughlin Advanced Technology Track; and GM Canada’s ongoing work in Oshawa to manufacture 10 million face masks for the Government of Canada. 

GM Canada is engaged in discussion with the Ontario and federal governments regarding its new investments and looks forward to working closely with Unifor following ratification of the tentative 2021 agreement.