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GM to invest $2 billion in Spring Hill plant to build electric vehicles

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Posted at 9:59 PM, Oct 19, 2020
and last updated 2020-10-20 12:03:33-04

SPRING HILL, Tenn. (WTVF/AP) — General Motors plans to spend $2 billion to convert its Spring Hill assembly plant into a third U.S. site to build electric vehicles.

The company made the announcement Tuesday morning, saying it will build the Cadillac Lyriq, a small electric SUV at the Spring Hill factory.

GM said gasoline-powered Cadillac SUVs will continue to be built at the plant, and it will also will get additional unspecified electric vehicles. The Lyriq is due in showrooms late in 2022. It's among 20 electric models the company plans to sell globally by 2023.

“Tennessee is committed to supporting the growth of advanced manufacturing, and in the automotive sector, the focus is on electric vehicles. This substantial investment by General Motors will support our efforts to become a leading state for electric vehicle manufacturing, and we thank GM, Maury County and Spring Hill for their continued partnership," said Gov. Bill Lee.

GM officials said they plan to expand the factory's paint and body shop, in addition to a massive overhaul of general assembly lines. That renovation work will begin immediately.

GM’s Spring Hill manufacturing plant is the automaker’s largest facility in North America. These investments aren’t expected to create any new jobs, but will help keep existing ones.

The Detroit automaker also says it will spend another $153 million to upgrade five Michigan factories for future vehicles.