GM to Build New Stamping Plant in Texas

Will create 180 jobs

General Motors will start construction next week on a $200 million stamping plant that will create about 180 jobs in Arlington, Texas, the company said on Jan. 31.

"Today's announcement is further evidence that the U.S. auto industry is back," said Joe Ashton, the United Auto Workers union's GM representative.

"We look forward to more good news in 2012 as our workers continue to build the world's best vehicles."

GM has announced more than $6.9 billion of investment to upgrade or expand its U.S. operations since it emerged from a government-backed bankruptcy in June 2009.

Those investments have created or retained more than 17,600 jobs in 12 states, the automaker said.

The new stamping plant -- which comes online in 2013 -- will save GM about $40 million a year in shipping and other costs by consolidating stamping for the Arlington assembly plant.

It comes after GM announced plans in May to invest $331 to expand and update the Arlington plant, which builds Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades.

"Our investment in GM's Arlington plant is one more example of GM strengthening the economy and creating jobs throughout the many U.S .communities where GM does business," said GM manufacturing manager Larry Zahner.

Copyright Agence France-Presse, 2012

See Also
GM Reclaims Throne as World's No. 1 Automaker While Toyota Skids
GM Investing $1 Billion in Russia

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish