General Motors may invest $37 million in its Lansing Delta Township assembly plant in Michigan, the Lansing State Journal reports. In order for the investment to follow through, GM is looking for a tax incentive from Lansing that would reduce property taxes at the plant by 50 percent for the next 12 years.
The plant currently manufactures the automaker’s Lambda-based SUVs, which include the GMC Acadia, Buick Enclave and Chevrolet Traverse. GM refused to comment on its plans for the plant, denying to say whether the money would go towards new or retooled assembly lines, additional jobs or a new vehicle altogether.
Bill Reed, president of the United Auto Workers Local 602 that represents the 3,000 plus hourly production workers at the plant, said he hopes the investment will result in a new vehicle being produced at the plant, adding to the amount of hours and jobs available at the facility.
“We’re looking at the expansion hopefully to put us in shape for new product,” Reed told the Lansing State Journal.
“Once again, the city, region and state have the opportunity to thank GM for another major investment in its Lansing area facilities,” Lansing Mayor Virg Bernero said in a statement. “GM is the American-made gift that keeps on giving, building the world’s best vehicles with the world’s best labor force and the world’s top technologies, right here in the Lansing region.”
Comments
What a surprise it would be if the new vehicle was a EREV SUV!!!