General Motors has announced plans to double-down on its investments in its Spring Hill, Tennessee assembly plant — which was closed in 2009. Today, the company announced an additional $167 million investment, adding to the previously announced $183 million investment, which in total amounts to $350 million. The capital will go towards the production of future vehicles, and is expected to create or retain about 1,800 jobs.
The new investment is for two projects:
- An additional $40 million added to the previously-announced $183 million investment to support a future mid-size vehicle program, bringing the total amount of the investment to $223 million. This program is expected to create or retain approximately 1,000 jobs.
- A second mid-size vehicle program with an investment of $127 million that will create or retain approximately 800 jobs.
General Motors wouldn’t specify which vehicles we can expect to see produced here, nor if the investments involve moving production of vehicles from other plants to Spring Hill. It’s also not clear whether or not these “programs” entail a single vehicle, or an entire platform for multiple vehicles.