General Motors plans to invest $162 million at its Lansing Grand River site in Michigan to build a stamping plant and create 65 jobs, the Lansing State Journal reported today.
GM would not confirm the investment, and would say only that the company was looking into future investment in Lansing.
“[GM] is developing a business case for a potential future investment at the facility and it would fund improvements to strengthen our capacity here,” GM spokeswoman Erin Davis told Automotive News.
According to the newspaper, GM plans to build a 225,000-square-foot stamping operation near the current Lansing Grand River assembly plant, which makes the Cadillac ATS and three variants of the CTS -- sedan, coupe and wagon. Production of the redesigned Camaro will be shifted to Lansing from Oshawa, Ontario, in 2015.
The automaker also is constructing a $44.5 million logistics building that will be connected to the Lansing assembly plant when completed and will add 200 jobs.
The Lansing Grand River plant employs 1,541 hourly and salaried employees.
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