General Motors Co. said on Thursday that will invest more than $30 million to beef up the capabilities of a manufacturing plant in Pontiac, Mich.
The investment will modernize the factory’s tooling and equipment, helping to turn it into a regional center for supply materials to multiple GM plants.
The plant opened in 1932 and provides parts to support several GM products, including the Chevrolet Sonic and Buick Verano, which are launching later this year.
The investments will cover upgrading three conventional press lines already operating at the plant and the installation of two additional presses that are coming to Pontiac Stamping as part of GM’s stamping consolidation project.
In January, GM announced it would add a third shift and about 750 jobs to its truck plant in Flint. The automaker also is investing $190 million to add 600 jobs and second shift in Lansing to build a new small car Cadillac.