GM Announces a New $560 Million Investment for Ingersoll, Ontario Plant
Oshawa, ON (February 12, 2015) — Today, General Motors of Canada President, Steve Carlisle, announced that GM will deposit an additional C$560 million to ready GM’s CAMI Assembly plant in Ingersoll, Ontario to be a prolongation plcae of a subsequent era Chevrolet Equinox. Of a sum investment, GM will deposit $190 million directly during CAMI Assembly in prolongation apparatus and collection and $370 million in businessman prolongation with suppliers in Canada.
“GM is creation investments during a award-winning CAMI Assembly plant to capacitate it to make a subsequent era Chevrolet Equinox,” pronounced Steve Carlisle, boss and handling executive of General Motors of Canada. “These investments, that follow formulation and investigate with a partners, are a serve opinion of certainty in a employees, a business and a destiny in Ontario and Canada.”
With today’s announcement, GM’s stream investment module during a CAMI Assembly plant rises to some-more than $800 million. GM formerly announced $250 million for a new physique emporium and stretchable prolongation apparatus and tooling, converting a prolongation trickery to support destiny car production. This acclimatisation devise was initial announced in Mar 2013 following GM’s minute analysis process.
“We are gratified to see General Motors securing a destiny in Southern Ontario. Our Government is committed to strengthening a prolongation zone and formulating jobs for Canadian families. This investment proves that a highly-skilled workforce, low taxes and open markets make Canada one of a best places in a universe to build cars,” pronounced The Honourable James Moore, Canada’s Industry Minister.
“I’m gay that GM is creation this poignant investment during their high-quality Ingersoll prolongation facility,” pronounced The Honourable Brad Duguid, Ontario’s Minister of Economic Development, Employment, and Infrastructure. “This welcomed investment underscores GM’s certainty in Ontario as a tellurian personality in automotive manufacturing, and a good end for building a subsequent era Chevrolet Equinox.”
About General Motors in Canada
Headquartered in Oshawa, Ontario, General Motors of Canada Limited (GMCL) employs some-more than 9,000 people opposite a nation and is a famous personality in immature manufacturing. GMCL markets a full operation of fuel-efficient Chevrolet, Buick, GMC and Cadillac vehicles and associated services by Canada’s largest automotive play network. More information per GMCL models can be found during www.gm.ca, or by following @GMCanada on Twitter.