Thursday, September 25, 2008

GM's $370 Million Investment

I read an article today that GM announced the company will invest $370 million in the U.S. to build a new manufacturing plant for its global 4-cylinder engines in Flint, Mich. The plant will begin production in the U.S. in 2010, and will be the exclusive manufacturing facility in North America to produce the Chevrolet Volt’s range extending engine. The Governer Jennifer M. Granholm said “We are proud that General Motors has chosen Michigan as the best place to develop and produce the revolutionary Chevy Volt and other next-generation vehicles and components,” “Our competitive business climate, outstanding workforce and aggressive strategy to diversify our economy put us in a strong position to win this project and be the state that helps GM produce the cars and trucks that will help end our nation’s dependence on foreign oil.” I am happy to know that some good things are still being made here in the US.

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