General Motors Corp. will invest approximately $275 million to prepare its plant in Fort Wayne, Ind., to build the next generation of Chevrolet and GMC full-size pickup trucks, creating or retaining 150 jobs.
The plant, which currently has 3,400 employees on three shifts, builds the Chevrolet Silverado and GMC Sierra full-size pickups.
The investment announced today is the last announcement of the $2 billion GM announced in May 2011 that will create or retain about 4,000 jobs in 17 facilities in eight states over the next 18 months.
“This investment will allow us to continue building award-winning pickups that offer better fuel efficiency than ever before without sacrificing features and functionality,” said Larry Zahner, GM manufacturing manager. “We remain committed to providing customers the utility and capability of our world-class full-size pickups.”
September was a very good month for GM’s full-size pickup trucks, which are key tow vehicles for the RV market. GMC Sierra sales were up 26 percent and Chevrolet Silverado sales were up 36 percent. Sales of GM full-size pickups have increased month over month since July, contributing to a year-to-date market share gain of about one full point.