Trade Resources Company News GM Is Pumping in $1.2bn to Revamp Its Pickup Truck Plant at Fort Wayne

GM Is Pumping in $1.2bn to Revamp Its Pickup Truck Plant at Fort Wayne

General Motors (GM) is pumping in $1.2bn to revamp its pickup truck plant at Fort Wayne, Indiana, with the work on its upgrade expected to commence in June.

The modification of the plant involves putting in place new pre-treat, electro-coat paint operation and sealing facility, expanded body shop, new material sequencing centers, and upgraded general assembly area.

While the pre-treatment facility will have provisions for thin-film paint pretreatment, electro-coat paint operation will offer customization for every vehicle style.

Besides, the GM-patented radiant tube ovens are said to consume lower amount of energy.

The investment in the Fort Wayne unit is part of $5.4bn that the firm had earlier announced to spend during the next three years on its US units.

GM North America Manufacturing vice-president Cathy Clegg said: "This investment is more evidence that the customer is at the center of every decision we make.

"Truck customers demand top quality. The upgrades at Fort Wayne Assembly will enable our team to continue delivering for them for years to come."

While it could take several years for completion, the construction would not hit the output schedules for full-size truck, the company said.

Indiana Governor Mike Pence said: "Around the world, Indiana is known as a proven leader in advanced manufacturing. Powered by a pro-growth business environment and a highly-skilled workforce, GM is leveraging Indiana's strengths to help it remain competitive across the globe.

"Today's announcement marks a significant promise to the Hoosier State and ensures GM's presence in Indiana and its support of Hoosier jobs long into the future, reaffirming that Indiana is a state that works for business."

Source: http://greenvehicles.automotive-business-review.com/news/gm-to-invest-12bn-in-indiana-truck-plant-upgrade-270515-4586528
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GM to Invest $1.2bn in Indiana Truck Plant Upgrade
Topics: Auto Parts