General Motors has increased to US$350m planned spending for new vehicles to be produced at its Spring Hill assembly plant in Tennessee, home to the defunct Saturn brand from 1990 to 2007.
The new investment adds $167m to a previously announced $183m pledge and is expected to create or retain about 1,800 jobs.
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The new investment is for two projects.
- An additional $40m added to the earlier announced $183m allocation to support a future mid-size vehicle programme, bringing the new total spend to $223m. This programme is expected to create or retain approximately 1,000 jobs.
- A second mid-size vehicle programme with a spend of $127m that will create or retain approximately 800 jobs.
Timing and product details will be revealed later.
The plant includes 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 to add production to meet sales spikes.
Chevrolet Equinox production began at the site in the third quarter of 2012 to meet growing demand and supply Canada.
