News Summary: GM invests $44.5M in Lansing factory

News Summary: GM to invest $44.5M in Lansing Cadillac factory, creating 200 jobs

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GM33.41-0.29

EXPANSION: General Motors says it will invest $44.5 million at a Lansing, Mich., factory, creating 200 new jobs. It plans to construct a building next to the Lansing Grand River plant to assemble parts and put them in the right order for manufacturing.

THE BASE: The factory already employs more than 1,500 hourly and salaried workers who make the Cadillac ATS and CTS luxury sports sedans. It also will make the next generation Chevrolet Camaro in 2015.

THE GOAL: GM expects the new building and workers will boost quality and efficiency by assembling parts and putting them in the right sequence for all the different models. It doesn't know how many of the 200 jobs will be filled by new hires or recalled laid-off workers. GM hopes to have the building open and providing parts by the end of 2014.

 
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