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The latest in a growing list of investments, General Motors has announced a $331 million cash infusion into its Arlington Assembly Plant in Texas.
The plant currently builds GM’s SUV lineup, with models including the Chevrolet Tahoe, Suburban, GMC Yukon and Cadillac Escalade. The funding will go towards new tooling and equipment for the facility and while GM hasn’t said as much, it’s believed the this is in preparation for a new full-sized SUV line, with new versions of the above-mentioned trucks expected to hit the market some time around 2014.
In addition to sprucing up the place, GM has also announced the creation of 110 new positions at the plant, adding to the 2,400 person workforce there now.
“This investment will allow us to continue building award-winning full-size SUVs that offer better fuel efficiency than ever before without sacrificing the features and functionality they’ve come to expect,” GM Manufacturing Manager Larry Zahner said Thursday. “We remain committed to providing customers the utility and capability of our world-class full-size SUVs.”
Part of a major overhaul of its production facilities and models, GM recently announced upgrades to its Detroit-Hamtramck plant and Bowling Green Corvette Factory as part of an investment strategy that will see $2 billion used to revitalize 17 plants.