Posted on April 27, 2016
Says new $780 million investment at the plant proves “Spring Hill workers and Gov. Haslam have created an environment for growth”
WASHINGTON, D.C., April 27, 2016 – U.S. Sen. Lamar Alexander (R-Tenn.) today said that General Motors’ (GM) announcement to invest more than $780 million at its GM Spring Hill facility is “further proof that Tennessee is the right place for the auto industry.”
“When GM announced it was building a plant in Spring Hill in 1985, the company said it had looked at proposals from 38 states and chose Tennessee for its location and atmosphere. Thirty one years later, Tennessee is still a beautiful state in the middle of the market with a first-rate four-lane highway system– but the plant is growing because Spring Hill workers and Gov. Haslam have created an environment for growth.”
From the more than $780 million investment, GM plans to use $634 million for a new engine program that is estimated to create 781 new jobs. The company plans to invest an additional $150 million to support the plant’s vehicle assembly programs, which currently produces the Cadillac XT5 and the GMC Acadia. Since 2010, GM has announced more than $2.2 billion of investments for the Spring Hill facility.
The Spring Hill plant first opened in 1990.
Tennessee continues to be recognized for its automotive sector. According to the Tennessee Department of Economic Development, there are over 900 automotive suppliers that have spread across 80 of Tennessee’s 95 counties. In 2015, Business Facilities ranked Tennessee No. 1 for Automotive Manufacturing Strength for the 5th time in six years.
For access to this release and the senator’s other statements, click here.