General Motors (GM) is set to revolutionize its manufacturing capabilities with a new $200 million stamping facility in Texas. This state-of-the-art plant, part of GM's Arlington manufacturing complex, is expected to create approximately 180 new jobs and significantly enhance the production of large stamping components for vehicles like the GMC Yukon. The facility is projected to be operational by 2013, promising substantial cost savings and operational efficiencies for the automotive giant.
General Motors has announced the construction of a new stamping facility in Arlington, Texas, with an estimated investment of $200 million. This facility is designed to produce large stamping components essential for the latest models of GM vehicles, including the popular GMC Yukon. The project is expected to generate around 180 new jobs, contributing to the local economy and strengthening GM's manufacturing footprint in the United States.
The new stamping facility is a significant addition to GM's Arlington manufacturing complex. According to GM Manufacturing Manager Larry Zahner, "Our investment in GM's Arlington plant is one more example of GM strengthening the economy and creating jobs throughout the many U.S. communities where GM does business." This investment is part of a broader $331 million initiative announced in May, aimed at purchasing tools, equipment, and expanding the Arlington plant. This expansion has already resulted in the creation of approximately 100 new jobs.
Currently, GM sources its stamping components from plants located over 1,000 miles away from Arlington. The new facility is expected to save the company around $40 million annually in logistics costs. Over five years, these savings will offset the initial investment, making the facility a financially sound decision. This move is part of GM's broader strategy to streamline operations and reduce costs, ensuring long-term sustainability and profitability.
The success of this project is attributed to the collaborative efforts between GM, the United Auto Workers (UAW), the Arlington community, and the State of Texas. Joe Ashton, UAW Vice President representing the GM department, stated, "Today’s announcement is further evidence that the U.S. auto industry is back. An important goal for the UAW is to increase the number of manufacturing jobs in the United States, and we are pleased that General Motors has decided to make this investment in Arlington."
Since 2009, GM has invested nearly $7 billion in revamping its production operations across 12 states, resulting in the creation of approximately 18,000 jobs. This new facility in Arlington is the first major manufacturing investment GM has undertaken in 2012, marking a significant milestone in the company's ongoing efforts to reinvest in its U.S. operations.
General Motors' $200 million investment in a new stamping facility in Arlington, Texas, underscores the company's commitment to enhancing its manufacturing capabilities and supporting the U.S. economy. By creating new jobs, reducing logistics costs, and streamlining operations, GM is poised to strengthen its position in the automotive industry and continue delivering high-quality vehicles to its customers.
For more information on GM's investments and initiatives, visit the GM Media Center.
Cutting Off Access for Oral Bacteria May Be Key to Preventing Tooth Decay
The journal of Microbiology recently published a study containing results which suggest that we may now have the keys to preventing gum disease and tooth loss. The study says that if we can strip some oral bacteria from being able to access the other pathogenic oral bacteria then we may be able to use them to help prevent decay and loss.
New Oversight Means New Rules for Credit Collectors
Recently a major consumer finance watchdog released reports that the government has plans to regulate previously unregulated financial firms. Now these debt collectors and credit reporting agencies are preparing themselves for the worst.
Green Beer? Try Green Teeth
This Saint Patrick’s Day thousands of people across the U.S. will be going out to celebrate with lots of delicious green foods like green cakes, green cupcakes, green chocolate, green eggs and ham, and even the popular Saint Patty’s Day hit green beer. But all this green food has one thing in common: green food coloring. In small doses green food coloring can be a fun way to brighten up your food or play along for Saint Patrick’s Day, but after eating green food coloring all day a person’s teeth will quickly start to show that green dye.
