Chevrolet has announced an investment of $175 million to help produce the sixth-generation Camaro, adding new equipment, tooling, and jobs. Combined with other investments made over the last four weeks, the $175 million is part of a larger $5.4 billion investment GM pledged for US facilities late last month. The $5.4 will be spent over the course of the next three years, and so far, $2.8 billion has been spent.
Part of the investment incorporates new paint systems for Camaro-specific body colors, including Summit White, Bright Yellow, and Red Hot, plus two new robotic framers for better “dimensional control” and highly accurate production. Furthermore, a second production shift will resume later this summer at GM’s Lansing Grand River Assembly Plant in Michigan, accounting for the addition of some 500 jobs.
“I may be the luckiest mayor in America today,” said Lansing Mayor Virg Bernero in a press release. “Gearing up for full-scale production of the legendary Chevy Camaro is a new high point in the more than two decades of extraordinary partnership between the City of Lansing, General Motors and the UAW.”
So far, $783.5 million of the $5.4 billion is slated for production facilities in Michigan. “General Motors is investing in Michigan – and Michiganders,” Gov. Rick Snyder said in a press release. “Our state’s automotive heritage and expertise is known around the globe, and GM and its workforce are a major part of that. We’re going to continue to ensure the best environment for GM, the auto industry and all other industries to grow and thrive, creating more and better jobs. That includes connecting and developing the talent to keep the economic engine running at full speed long into our state’s bright future.”
Continue reading for the full story.
Chevrolet Invests $175 million In 2016 Camaro Plant originally appeared on topspeed.com on Thursday, 28 May 2015 19:00 EST.
from Top Speed http://ift.tt/1JaRa9v
via IFTTT
0 comments:
Post a Comment