GM will make biggest investment in years to upgrade Kansas plant
General Motors will invest $600 million in its Fairfax Assembly and Stamping Plant in Kansas City, Kan., to build a new paint facility and install a huge machine that will take raw metal and stamp structural reinforcements for vehicle body frames.
The automaker said it is one of largest single investments in a factory that it has made. GM produces mid- and full-size sedans at the factory including the Chevrolet Malibu and Buick LaCrosse.
The investment represents the largest single project for the $1.5 billion GM said it plans to spend on factories in North America this year. It also is the largest investment GM has made in one of its North American factories in more than three years.
About 4,000 employees work at the plant.
“This major investment is a vote of confidence in the employees and leadership of this plant,” said Dan Akerson, GM’s chief executive.
Although it has been rebuilt several times, the plant dates back to 1945 and was the first industrial facility to make automobiles and jet fighters in the same building.
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