FLINT — General Motors will invest $328 million to prepare it Flint Assembly Plant to build the next generation of Chevrolet and GMC full-size pickup trucks, creating or retaining 150 jobs.
The investment announced Monday is part of $2 billion GM is spending to create or retain about 4,000 jobs in 17 facilities in eight states over the next 18 months.
The Flint plant, which currently has 2,047 employees, builds the hot-selling heavy-duty versions of the Chevrolet Silverado and GMC Sierra.
“This investment will allow us to con- tinue building award-winning full-size pickups that offer better fuel efficiency than ever before without sacrificing features and functionality,” said Cathy Clegg, GM vice president of Labor Relations. “We remain committed to providing customers the utility and capability of our world-class full-size pickups.”
GM’s retail share of the full-size pickup market has grown to 40.4 percent through May compared with 37.7 percent in the first five months of 2010, according to a press release about Monday’s announcement.
“Truck sales play an important role in the success of General Motors,” said Joe Ashton, UAW-GM Vice President. “We are confident that the next-generation of trucks will continue to be an important source of revenue for the company and jobs for our members. Our members are ready to use their abundant talents to build high-quality trucks that deliver exceptional value to our customers.”
Michigan has been a major beneficiary in GM’s current round of investments, designated for $744 million. The Flint Engine, Bay City Powertrain, Detroit-Hamtramck Assembly, Lansing Grand River Assembly, Saginaw Powertrain and GM Components Holdings in Wyoming, all were designated for manufacturing investment along with a $130 million Data Center on GM’s Warren Technical Center campus. — R.S.