Searching...
Friday, 28 June 2013

General Motors plants in Mexico to receive $691 mn investment

13:19
General Motors plants | Mexico | $691 mn | investment
Mexico City: The Mexican unit folks carmaker General Motors same it planned to speculate $691 million to expand its operations in Guanajuato, San Luis Potosi and Mexico states.

"GM is on the point of reach seventy eight years in Mexico and that we celebrate it with this new investment, which implies additional employment and development opportunities for the regions of Silao, San Luis Potosi and Toluca; and additional advanced technology that may profit our customers," General Motors Delaware Mexico president and manager Ernesto Hernandez same throughout a ceremony at the Los Pinos presidential residence.

Some $349 million are going to be invested with within the g advanced in Silao, a town within the central state of Guanajuato, wherever the new generation of Chevrolet Cheyenne, Silverado and GMC Sierra trucks square measure being created.

The second project, which is able to receive investment totaling $131 million, is that the enlargement of the plant in San Luis Potosi to supply a replacement generation of lighter and additional technologically advanced transmissions.

The remaining $211 million can get in the enlargement of operations at the advanced in Toluca, a town in Mexico state, that surrounds the administrative division and forms a part of the Mexico City metropolitan space, Hernandez same.

"The Silao and San Luis Potosi investments total $480 million and complete the allocation of the $900 million g Mexico declared in July 2011. Last July, g declared the allocation of $420 million for alternative comes in San Luis Potosi and Silao," the carmaker same during a statement.

General Motors has operated in Mexico since 1935.

"The quality of our employees' work continues transcending borders, permitting United States of America to continue attracting investment to take care of a powerful production of vehicles, engines and transmissions of outstanding quality for our customers round the world," the g government same.

0 comments:

Post a Comment