GM invests $560M in Cami assembly plant to build next-gen Equinox
Feb. 12, 2015 – General Motors has announced it will invest $560 million to prepare its Ingersoll, Ont.-based Cami assembly plant, to build the next-generation Chevrolet Equinox.
Of the total investment, the automaker will spend $190 million directly at the plant on manufacturing equipment and tools, and $370 million in vendor tooling with suppliers in Canada.
“These investments, which follow planning and study with our partners, are a further vote of confidence in our employees, our business and our future in Ontario and Canada,” said Steve Carlisle, president and managing director of GM Canada.
The announcement at the the Canadian International Auto Show in Toronto, Ont., follows a 2013 investment of $250 million in new equipment at the plant .
Photo © GM Corp.
— With files from The Canadian Press