GM Announces $788.7M Investment In Spring Hill

Posted at 10:58 AM, Apr 27, 2016
and last updated 2016-04-27 23:13:02-04

Governor Bill Haslam has announced General Motors has planned to invest millions of dollars in Spring Hill, creating hundreds of new jobs.

The announcement was made Wednesday by the governor along with Tennessee Department of Economic and Community Development Commissioner Randy Boyd and General Motors officials.

The investment of $788.7 million at the company’s manufacturing plant in Spring Hill has been set to create 781 new jobs for a new high-efficiency engine program.

Officials also said the investment would modernize the vehicle programs at the company’s manufacturing plant.

According to reports, GM’s total investment in the Spring Hill plant in 2016 has risen to more than $936 million. That included an expansion announced in February.

Officials confirmed the company had announced more than $2 billion in investments for Spring Hill since 2010.

“We want to congratulate GM on another important investment in Spring Hill and its workforce,” Haslam said. “Tennessee has an incredibly strong business climate, and we continue to attract investment from companies that can choose to do business anywhere in the world. It is important to see long-time partners like GM continue to invest in Tennessee and create high-quality jobs here.”

“Tennessee has been recognized repeatedly as the strongest state in the automotive industry with over 900 automotive related companies,” Boyd said. “I want to thank GM for creating jobs that will have a lasting impact on Tennessee families.”

“This investment will position GM and its workforce as continued leaders in powertrain manufacturing,” said Arvin Jones, GM North America Manufacturing Manager. “Today’s announcement reinforces our absolute faith in this facility, and our strong commitment to this community and the state of Tennessee.”

The Spring Hill site has been a flexible vehicle assembly plant. Currently, it has been producing the Cadillac XT5 and the GMC Acadia, as well as four-cylinder engines and stampings used in several GM vehicles.

U.S. Senator Lamar Alexander released the following statement about the announcement Wednesday:

“When GM announced it was building a plant in Spring Hill in 1985, the company said it had looked at proposals from 38 states and chose Tennessee for its location and atmosphere. Thirty one years later, Tennessee is still a beautiful state in the middle of the market with a first-rate four-lane highway system– but the plant is growing because Spring Hill workers and Gov. Haslam have created an environment for growth.”