General Motors (IW 500/5) today increased to $350 million planned spending for new vehicles to be produced at its Spring Hill, Tennessee assembly plant.
The new investment adds $167 million to a previously announced $183 million pledge and is expected to create or retain about 1,800 jobs.
“Today’s announcement recognizes the commitment of Spring Hill employees and leadership," said Mark Reuss, president, GM North America. “As a team, they draw upon the plant's unique heritage and dedicated work force to deliver top quality for our customers.”
The new investment is for two projects:
- An additional $40 million added to the earlier announced $183 million investment to support a future mid-size vehicle program, bringing the new total investment to $223 million. This program is expected to create or retain approximately 1,000 jobs.
- A second mid-size vehicle program with an investment of $127 million that will create or retain approximately 800 jobs.
The new programs will add to existing manufacturing operations at the site that include vehicle assembly, stamping, engine and component parts production.
Located 40 miles south of Nashville, GM Spring Hill Manufacturing operates as a flexible-assembly plant, capable of building a variety of products on a range of platforms. The facility is designed to supplement production for plants being retooled for new products or add production to meet sales spikes in real time.
Chevrolet Equinox production began at the site in the third quarter of 2012 to meet growing consumer demand and support GM’s Canada operations. GM Spring Hill Manufacturing, home to the former Saturn brand from 1990 to 2007, operates as a fully integrated complex.