GM to invest in Flint, Saginaw, Bay City plants
Thu, 04 Apr 2013 12:24:25 GMT —
General Motors says it will invest nearly 332 million dollars in several plants across the US, including 3 in Mid Michigan. The upgrades will support production of a new Ecotec small sas engine, according to a news release. The investments will retain 1650 jobs, but won't create any new ones. In Mid Michigan, the investments are:
-In Flint a $215 million dollar investment at the Flint Engine plant so it can produce the small Ecotec gas engine which is part of a new family of engines that include 3 and 4 cylinder versions. The plant will also upgrade tooling for its current V-6 egngine.
-In Bay City, Bay City Powertrain will get a $31.7 million dollar upgrade, to produce components for the new V-6 engine and the new Ecotec engine.
-In Saginaw an additional $41 million dollar upgrade at Saginaw Metal Castings Operations. It had already been set to receive a $256 million dollar upgrade to produce castings for the new V-6 engine.
GM says the new Ecotec engines will improve fuel economy and could top 2 million by the end of the decade.