GM to Invest $20 Million in Bay City Powertrain Facility
Third Investment in 2010 Brings Michigan Plant Total to $62.5 Million
BAY CITY, Mich., Aug. 18 /PRNewswire/ -- General Motors today announced a $20 million investment in its Bay City, Mich. Powertrain operations to produce camshafts for the next generation Ecotec engine, bringing new investment at the plant to $62.5 million this year.
"This specific investment results in 15 jobs at the plant, but the cumulative employment impact of these three investments is 113 people," said GM Manufacturing Manager Gerald Johnson.
The Ecotec is GM's highest volume, most-advanced four-cylinder engine program and powers popular products like the Chevrolet Malibu and Equinox, the Buick LaCrosse and new Regal, and the GMC Terrain.
The Ecotec engine family is known for its reliability, fuel efficiency and performance. GM Ecotec engines have been on the forefront of delivering leading-edge technology including direct injection, variable valve timing and turbocharging. Direct fuel injection, a hallmark of many Ecotec engines since 2007, is just now becoming mainstream technology in the industry.
"The men and women of UAW Local 362 focus on quality each and every day, and our customers see that focus when they start up their GM vehicle," said UAW Local 362 shop chairperson Todd McDaniel.
About General Motors: General Motors, one of the world's largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 208,000 people in every major region of the world and does business in some 157 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Jiefang, Opel, Vauxhall and Wuling. GM's largest national market is China, followed by the United States, Brazil, Germany, the United Kingdom, Canada, and Italy. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. General Motors acquired operations from General Motors Corp. on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corp. More information on the new General Motors can be found at www.gm.com.
Editors Note: The Bay City plant will fill its manpower requirements in accordance with the provisions of the UAW-GM National Agreement. The new jobs will be filled with UAW members currently on layoff.
SOURCE General Motors
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