GM begins construction on Stamping Facility in Arlington Texas

Ground Breaking Ceremony - Credit: GM (Photo by Tim Sharp for General Motors)

(Best Syndication News) - General Motors Co. (NYSE:GM, TSX: GMM) will be building a $200 million stamping factory in Arlington, Texas. The company broke ground for the project on April 13, 2012. It should be operational in 2013. The new facility could employee 180 new workers at the GM manufacturing complex.

The stamping facility will help to manufacture the full-size SUVs that are assembled at GM Arlington. The stamping of doors, hoods, and side panels at the new facility is planned to save GM around $40 million a year in logistics costs.

In May 2011, GM announced a $331 million investment to expand the body shop and to purchase tooling and equipment. The $200 million is in addition to this investment.

The GM Arlington assembly plant employs over 2,500 workers. An estimated 1,100 SUVs are built there every day. The plant makes the Chevrolet Tahoe, Chevrolet Suburban, GMC Yukon and the Cadillac Escalade vehicles.

By: Dave Reddy

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