General Motors has announced plans to invest $190 million in its
Lansing Grand River assembly plant, in order to produce the new Cadillac model.
According to excerpts from the article:
The investment will create 600 jobs and result in the addition of a second shift.
"America's fastest-growing luxury brand this year is about to get even more competitive with the addition of an all-new small luxury car," said GM Chief Executive Officer Dan Akerson. "This investment demonstrates GM's commitment to Cadillac and to a strong U.S. manufacturing base."
Built in 2001, Lansing Grand River is GM's second-newest U.S. assembly plant and the manufacturing home of the Cadillac CTS and STS as well as their V-series performance versions. Earlier this year Lansing Grand River received the J.D. Power and Associates Bronze Plant Award for initial quality.
Read the entire article
here.
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