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Tuesday, 08 April 2014 16:39

GM invests $449 million for Next Generation Electrification

(DETROIT) -- General Motors made the announcement Tuesday, April 8 during an Automotive Press Association meeting that the company will invest $449 million to upgrade manufacturing processes at the Detroit-Hamtramck Assembly and Brownstown Battery Assembly plants. The move is in preparation for the next generation of electric vehicles and advanced battery technologies.

"General Motors is committed to building award-winning products and developing technologies in America, which helps to grow our economy from a resurgent auto industry," said Gerald Johnson, GM North America Manufacturing Vice President.

The investment is the largest to date at both facilities and includes $384 million at Detroit-Hamtramck for new Body Shop tooling, equipment, and additional plant upgrades to build the next generation Chevrolet Volt and two future products. This brings GM's total investment at Detroit-Hamtramck to more than $1 billion over the last 5-years.

GM's $65 million investment at its Brownstown Battery Assembly will support the next generation of lithium-ion battery production and future battery systems.

No tax incentive on public benefits were provided to GM. Since 2009, GM has announced more than $5.4 billion in U.S. facility investment for vehicle technologies that benefit customers. This includes more than $2.8 billion invested in Michigan-based facilities alone.

G.B.V, J.B., R.B., G. B.

PICTURED: Gerald Johnson, GM North America Manufacturing Vice President, Governor Rick Snyder, and Detroit Mayor Mike Duggan.--Robert Benko