General Motors (GM) announces USD174 million investment in Lansing plant
Next generation Chevrolet Camaro production to shift from Ontario, Canada
General Motors (GM) has announced a USD174 million investment in a new stamping facility at its Lansing Grand River assembly plant in Michigan (United States), which builds the Cadillac CTS and ATS. The new facility will stamp components for those cars as well as "a future product", according to a GM statement. The new stamping plant comes online in 2016, and GM says it will save the company USD14 million per year in logistics costs tied to materials handling.
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