GM aims to spend $38 million on Michigan plant where it plans to move Camaro output
General Motors wants to invest more than $38 million in a Lansing, Mich., plant where it plans to move Chevrolet Camaro production.
The proposed expansion could create 150 jobs at the 2.5 million-square-foot Grand River assembly plant, which builds the Cadillac CTS family and ATS, Lansing Mayor Virg Bernero said Thursday.
A GM spokesman couldn't confirm whether the desired investment is related to the Camaro.
In December, GM said it plans to move production of the next-generation Camaro to the Grand River plant from Oshawa, Ontario. The company cited lower capital investment and improved production efficiencies. The move is expected in 2015.
Moving Camaro output to the Grand River plant will allow GM to consolidate production of the rear-wheel-drive sports car with the rwd CTS and ATS.
The Camaro is the only rwd vehicle assembled at the Oshawa plant, GM said.
GM is applying for a tax incentive and will apply to the city of Lansing on Monday to start the review and approval process, Bernero's office said in a statement.
If the applications are approved, construction could start in July with completion slated for 2015.
"GM is developing a business case for a potential future investment at LGR Assembly," the company said in a statement Thursday. "An investment would fund facility improvements aimed at strengthening the plant's manufacturing capability. We cannot share details at this time."
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