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Michigan Initiatives brings you coverage of the latest news and events mounting the next great surge in state economic development. Through this coverage, MI will provide some imperative "connective tissue" between employers, business coalitions, economic development groups, academic institutions and government officials. By reporting on the robust efforts of these individuals and organizations, MI hopes to enhance and accelerate the pace of change toward new heights in prosperity and quality of life in our state.

Friday, October 8, 2010

GM invests $145 million in Buick plant

General Motors announced it will invest $145 million in the Orion Assembly Center plant, Orion Township, to produce Buick's new small car and compact sedan, the Verano. The investment will increase the workforce by 350 employees, to 1,550.

In June 2009, GM identified Michigan as one of three potential locations for its new, small-car assembly project. Rather than submit a traditional incentive package for this single project, the Michigan Economic Development Corporation proposed a "Global Solutions" Michigan Economic Growth Authority incentive that covered all manufacturing investments by GM in Michigan. In total, the incentive package retains 20,000 workers and will generate a total investment of up to $2.5 billion in GM's Michigan manufacturing operations.

"To have a once-shuttered plant operating at full speed again shows what can happen when the public and private sectors partner to create new investment and jobs," Governor Granholm said in a visit to the facility. "Michigan is proud to partner with General Motors as it continues its drive toward a cleaner and greener future."

Besides the Buick Verano, the Orion Assembly Center is also being retooled to manufacture a second small car which will be launched next year. GM will be the only automaker, domestic or foreign, to build small cars in the United States for the domestic market. The Buick Verano, the first compact car offered by Buick in 20 years, will launch in 2012.

Previously designed to build GM midsize sedans, the Orion Assembly Center in its 27-year history has built more than four million cars. The plant also received a Clean Corporate Citizen designation from the state of Michigan, the first GM facility to receive such recognition.

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