GM investing $385M in Romulus Engine plant to prepare for production of new fuel-efficient engine program
31 October 2011
General Motors will invest approximately $385 million to prepare the Romulus Engine plant in Michigan for production of an all-new, fuel-efficient engine program.
The plant, which currently has about 840 employees on two shifts, produces a variety of V6 and V8 engines that power GM full-size vans, SUVs and pickups, including the Chevrolet Express, Silverado, Tahoe, Suburban and Colorado, GMC Savana, Sierra, Yukon, Canyon, and Cadillac Escalade. Romulus-built engines also are used for marine and industrial applications.
The investments will support tooling and equipment upgrades. Details about program timing and applications for the new engine will be released later.
Catching with others can be rather expensive but it has to be done to stay competitive.
Posted by: HarveyD | 31 October 2011 at 12:22 PM