GM invests $119 million in Michigan components plant

General Motors is to invest $119 million (Rs 751 crore) in tools and equipment to support production of future vehicle components at its Grand Rapids Operations, in the US, creating approximately 300 future jobs.

The plant currently has approximately 500 employees on three shifts and produces a variety of precision-machined automotive engine components used in Chevrolet, Buick, GMC and Cadillac vehicles.

“This investment in the future recognizes the excellent workforce at Grand Rapids Operations” said GM North America Manufacturing Manager Scott Whybrew. “It also demonstrates GM’s collaboration with our UAW partners to innovate and bring tangible benefits to our customers.”

The investment in the GM Components Holdings, LLC plant is part of the $5.4 billion (Rs 34,111 crore) investment in U.S. facilities that GM announced April 30, with approximately $3 billion identified to date.