GM Invests $119 Million in Michigan Components Plant, Creates Approximately 300 New Jobs

General Motors announced today it will invest $119 million in tools and equipment to support production of future vehicle components at its Grand Rapids Operations, creating approximately 300 future jobs.

Viet Ly assembles cam phasers Monday, June 1, 2015 at the General Motors Components Holdings, LLC plant in Wyoming, Michigan. GM announced today it will invest $119 million in tools and equipment to support production of future vehicle components at its Grand Rapids Operations, creating approximately 300 future jobs. (Photo by John F. Martin for General Motors)
Viet Ly assembles cam phasers Monday, June 1, 2015 at the General Motors Components Holdings, LLC plant in Wyoming, Michigan. GM announced today it will invest $119 million in tools and equipment to support production of future vehicle components at its Grand Rapids Operations, creating approximately 300 future jobs. (Photo by John F. Martin for General Motors)

WYOMING, Mich. – General Motors announced today it will invest $119 million in tools and equipment to support production of future vehicle components at its Grand Rapids Operations, creating approximately 300 future jobs.

The plant currently has approximately 500 employees on three shifts and produces a variety of precision-machined automotive engine components used in Chevrolet, Buick, GMC and Cadillac vehicles.

Details about program timing and applications will be released later.

“This investment in the future recognizes the excellent workforce at Grand Rapids Operations” said GM North America Manufacturing Manager Scott Whybrew. “It also demonstrates GM’s collaboration with our UAW partners to innovate and bring tangible benefits to our customers.”

The investment in the GM Components Holdings, LLC plant is part of the $5.4 billion investment in U.S. facilities that GM announced April 30, with approximately $3 billion identified to date. Today’s news of 300 future plant jobs represents nearly half of the 650 planned employee additions within GM.

“By working together, UAW members and GM are making a difference in communities across the United States,” said UAW Vice President Cindy Estrada. “These investments represent the power of our partnership and collective bargaining to create jobs and improve competitiveness, quality and our manufacturing base in this country.”

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at https://www.gm.com