GM investing $174M in new Lansing stamping facility
Plant will save the automaker $14 million a year in logistics costs.
LANSING, Mich. — General Motors is set to begin construction on a $174-million stamping facility that will create or retain about 145 jobs to produce components for the company’s Cadillac ATS and CTS vehicles.
GM says the new facility, which comes on line in 2016, will save about $14 million a year in logistics costs tied to material handling.
Built in 2001, Lansing Grand River is GM’s second-newest US assembly plant and the manufacturing home of the Cadillac ATS, CTS and the CTS V-series performance versions.
Since 2009, the automaker has invested more than $530 million in the Lansing plant, including a $44.5 million logistics optimization centre that created 200 jobs in 2013.