General Motors will invest $200 million in two Oakland County plants to prepare for production of a yet-to-be-named new model.
The Orion assembly plant will received $160 million for tooling and equipment, while GM will spend $40 million at the Pontiac Metal Center for new dies.
The projects are part of nearly $300 million in Michigan investments that GM CEO Mary Barra mentioned last month in a speech at the Detroit Economic Club.
"Today's announcement is a shot in the arm for these two terrific plants," Cathy Clegg, GM North America manufacturing vice president, said in a statement Friday. "We're committed to growing our brands and producing the highest-quality and safest vehicles for our customers."
Source
Detroit Free Press