GM Investing $150M+ in Michigan Assembly Plants

News today from GM regarding substantive investments in five Michigan plants has the potential to reverberate through Southwest Michigan as well where tool & die makers, mold shops, automation engineering firms and others could benefit from that investment.

GM announced more than $150-million in investments slated to be made in five Michigan plants, including the Lansing Delta Township Assembly and Flint Assembly for future crossover and full-size pickup production.

GM’s announcement today included:

  • A more than $100 million investment in the Lansing Delta Township Assembly plant to produce the next-generation GMC Acadia.
  • A $32 million investment at the Flint Assembly plant for future production of heavy-duty Chevrolet Silverado and GMC Sierra pickups.
  • A $17 million investment in the Romulus propulsion plant to enhance automation and increase capacity of GM’s 10-speed truck transmission, which is used in full-size pickups and other key products, including the all-new Chevrolet Tahoe and Suburban, GMC Yukon and Yukon XL, and the Cadillac Escalade.
  • A $3.5 million investment at Orion Assembly.
  • An additional $750,000 will be invested at GM’s site in Brownstown Charter Township.

Both the Orion and Brownstown Charter investments are related to additional production of the Cruise AV test vehicle at Orion Assembly.

Last week, GM announced Detroit-Hamtramck Assembly will now be Factory ZERO, establishing the facility, and the state of Michigan, as the “launchpad” of the company’s multi-brand electric vehicle, or EV, strategy. Together, these announcements solidify Michigan’s continued global leadership in automotive manufacturing and future mobility and electrification.

Following the news from GM, Governor Gretchen Whitmer released the following statement: “This is good news for Michigan families and hardworking UAW workers, providing critical momentum to our economic recovery across the state,” adding, “Since I was sworn in as governor, we have brought in historic investments to our auto plants, creating more than 12,000 Michigan jobs. I will continue to work closely with GM and every other business that wants to invest in the great state of Michigan.”

Source: Moody on the Market
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