LANSING, Mich. – General Motors today received the first load of massive stamping presses for its $174-million stamping facility, part of the Lansing Grand River Assembly Plant where the first 2016 Chevrolet Camaros left for dealers.
The new presses, which will save about $14 million a year in logistics costs tied to material handling, will stamp parts for the Camaro and the Cadillac ATS and the CTS family of vehicles.
The load, weighing in at more than 210,000 pounds, is for the second press in the first of two stamping lines at LGR. The entire stamping line weighs more than 7.2 million pounds. The next line will arrive at the plant in December with production for both starting in 2016.
Built in 2001, Lansing Grand River is GM’s second-newest U.S. assembly plant and the manufacturing home of the Camaro and ATS, CTS and CTS V-series performance cars.
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.