GM announces $5.4 billion in U.S. plant investments

Pontiac, Mich.-based General Motors has announced plans to invest $5.4 billion in U.S plant improvements during the next three years. This includes $783.5 million for three Michigan facilities: $124 million at the Pontiac Metal Center, $520 million for tooling and equipment for future new vehicle programs at the Lansing Delta Township assembly plant, and $139.5 million for a new body shop and stamping facility upgrades at Pre-Production Operations in Warren.

GM will detail the remaining $4.6 billion and identify plants involved over the next several months.