Investing
GM to invest more than $500 million in Arlington plant for future SUVs
© Reuters. FILE PHOTO: A Chevrolet Suburban drives past the General Motors Assembly Plant in Arlington, Texas June 9, 2015. REUTERS/Mike Stone
(Reuters) – General Motors (NYSE:) said on Thursday it plans to invest more than $500 million in its Arlington assembly plant to prepare it for production of future internal combustion engine full-size SUVs.
The investment will be used to provide new tooling and equipment in the stamping and assembly areas of the plant that manufactures the company’s entire line-up of full-size sport utility vehicles (SUVs), including Chevrolet Tahoe and Suburban.
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