General Motors will invest approximately $275 million in its Assembly Plant from Fort Wayne, in order to enable it to build the next generation of Chevrolet and GMC full-size pickup trucks, creating or retaining 150 jobs.
The plant, which currently has 3,400 employees on three shifts, builds the Chevrolet Silverado and GMC Sierra full-size pickups.
The investment announced today is the last announcement of the $2 billion GM announced in May 2011 that will create or retain about 4,000 jobs in 17 facilities in eight states over the next 18 months.
Larry Zahner, GM manufacturing managerstated: “This investment will allow us to continue building award-winning pickups that offer better fuel efficiency than ever before without sacrificing features and functionality. We remain committed to providing customers the utility and capability of our world-class full-size pickups.”
According to company’s officials, in september the GM’s full-size pickup trucks continued the ascending mont to month trend started in July, as GMC Sierra sales were up 26 percent and Chevrolet Silverado sales were up 36 percent.
With brands like Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling, General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in more than 30 countries around the world.