General Motors said today that it is spending $1.2 billion in its Fort Wayne pickup plant for new technology that will be used in assembling light- and heavy-duty Chevrolet and GMC trucks. The investments in Fort Wayne are part of the $5.4 billion GM said at the end of April that it would invest in U.S. facilities during the next three years.
Trucks are among GM’s most profitable vehicles. Less expensive fuel prices, low interest rates, and a modest recovery in the U.S. economy have caused a resurgence in truck sales among the Detroit Three after they plummeted in 2008 as the Great Recession took hold.
Construction of a new pre-treat, electro-coat paint operation and sealing facility, an expanded body shop, expanded and new material sequencing centers, and upgraded general assembly area is expected to begin in June and take several years to complete.
Fort Wayne Assembly began building light-duty trucks in 1986. It is now a three-shift operation with approximately 3,800 employees who build light- and heavy-duty regular and double cab full-size trucks.