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GM Invests $131 Million in Corvette Manufacturing Plant

GM creates more jobs

May 5 2011, 11:50am CDT | by

GM Invests $131 Million in Corvette Manufacturing Plant
 
 
 

GM has announced that it has invested $131 million in the Bowling Green plant in Kentucky where the world-class sports car, the Chevrolet Corvette is constructed. The investment in the plant is to support the next generation Corvette and will add about 250 jobs to the plant. GM notes that with the most recent investment it has now invested $3.4 billion in the US and made about 9000 jobs for workers.

The plant at Bowling Green is set to continue building the Corvette for the next two years including the 2012 Corvette set to start construction this summer. This single plant makes all of the Corvette versions including the Coupe, Convertible, Grand Sport, Z06, and ZR1. The plant has nearly 400 workers on a single shift working 10-hour days Monday through Thursday.

The plant also hosts tourists that come from all over to see where all Corvettes are born. The visitors are able to get a glimpse of the manufacturing process and watch the car get built before taking delivery at the National Corvette museum.

My Take: It’s good to see Chevrolet continuing investment in a sports car like the Corvette.

Updates

GM says ad agency work tied to CFO's wife

Source: Reuters Mobile

DETROIT (Reuters) - General Motors Co (GM.N) failed to disclose in its 2011 proxy filing that it paid $600,000 for work done by an advertising agency where the wife of GM's chief financial officer works, the au ...
Full article at: Reuters Mobile  More like this  1 hour ago

Toyota to Expand Huntsville Plant - Analyst Blog

Source: NASDAQ

Toyota Motor Corp. ( TM ) plans to expand its Huntsville engine plant by constructing a 300,000-square-foot building in order to boost the company's production of V6 engines in North America. The move would entail an ...
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Hamtramck Chevy Volt plant getting 200 new workers to make 2013 Malibu

Source: AOL News

They're not all for the Chevrolet Volt, but 200 new jobs are coming to General Motors Detroit-Hamtramck plant in July. GM is adding the positions to the factory because the overall production rate will increa ...
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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

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