General Motors will invest USD133m to add a third stamping press to its Wentzville Assembly and Stamping plant, with the potential for creating or retaining approximately 55 jobs.
GM will build and equip a 114,000-square-foot stamping plant addition to make manufacturing more flexible at the site. Construction will begin in July, and GM expects the press to be operational by early 2015.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Wentzville is the home for GM’s full-size vans – the Chevrolet Express and GMC Savana – and is undergoing construction for production of GM’s next-generation mid-size pick-ups, the Chevrolet Colorado and GMC Canyon.
This investment adds to the USD380m investment GM announced in November 2011 to prepare the plant for mid-size pick-up production.
“Our investment in a third stamping press is a win for the business, Wentzville employees and our customers,” said Larry Zahner, manufacturing manager, GM North America. “Stamping parts where we assemble vehicles improves manufacturing efficiency and contributes to the high level of quality our customers deserve.”
