GM to invest $275M in Indiana truck plant

AP News
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Posted: Oct 26, 2011 12:10 PM
GM to invest $275M in Indiana truck plant

General Motors says it will invest about $275 million at its Ft. Wayne, Ind., pickup truck plant.

The money will prepare the plant to build the next generation of Chevrolet and GMC full-sized pickups.

GM says the investment will add or keep 150 jobs, but a spokeswoman says she doesn't know how many new jobs will be created.

The Ft. Wayne plant now has 3,400 employees who work three shifts per day building the Chevrolet Silverado and GMC Sierra pickups.

The new trucks are expected for the 2013 model year, but GM hasn't said when they'll go on sale.

GM said in May that it would invest $2 billion at 17 plants in eight states. The Ft. Wayne investment is the last announcement of the $2 billion.