On Tuesday, April 14, the Arlington City Council has given a preliminary OK to General Motors’ $1.2 billion proposal to expand its local assembly plant to increase production of its popular and lucrative SUV models. The members will meet to give a final vote on the 1.2 million square foot expansion within the next two weeks.
A report from The Dallas Business Journal stated that the expansion could directly add 589 jobs. In addition, DBJ notes that Arlington Mayor Robert Cluck would abate 80 percent of real estate and business taxes for 10 years, should the zoning be approved by the city. It’s unclear what the tax abatement will do for Arlington.
The expansion is said to consist of $300 million in facility improvements and nearly $1 billion in new equipment to facilitate growing demand for the 2015 Chevrolet Tahoe, 2015 Chevrolet Suburban, 2015 GMC Yukon family, 2015 Yukon Denali family and 2015 Cadillac Escalade family. One wonders if the expansion will come in time to capitalize on the surge of demand currently being observed. Final voting will take place April 28.
Comments
There is zero chance this does not get approved. If there is one ‘NO ‘ vote I would be surprised.
Well, at least they will be made in the U.S.A. and not in Mexico. I do believe they were made south of the border.