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11 am: GM formally announces plan to build Volt, Cruze engine plant in Michigan

September 25, 2008
Tribune Chronicle | TribToday.com

FLINT, Michigan (AP) -- General Motors Corp. says it will build a new factory in Flint to make four-cylinder engines for the Chevrolet Volt electric car and other models.

At a ceremony in Flint on Thursday, GM officials said production at the new $370 million facility will begin in 2010. The plant will make 1.4-liter four-cylinder engines for the Volt as well as the Chevrolet Cruze, a new compact car to be built in Lordstown, Ohio. Both new cars are slated for production the same year.

No new jobs will be created, but GM says the project will retain about 300 hourly positions.

Earlier this week, the state of Michigan approved $132.5 million in tax incentives for the new plant and to upgrade four other facilities, including the Detroit-Hamtramck assembly plant where the Volt will be assembled.

 
 

 

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