GM Canada to Invest USD 250 mn in CAMI Assembly
OREANDA-NEWS. General Motors will invest USD 250 million in the CAMI Assembly Plant in Ingersoll, Ontario, to install flexible body shop equipment and tooling for future vehicle production.
“Conversion of the CAMI Assembly Plant to a flexible manufacturing facility will provide CAMI with the ability to produce multiple global architectures and body styles,” said Kevin Williams, president and managing director, General Motors of Canada. “Continually improving the flexibility of our manufacturing operations helps us respond quickly to customer needs and market demand.”
Manufacturing flexibility is a priority for General Motors, and this investment will give CAMI the ability to build a higher variety of differentiated products, on multiple platforms, at much lower costs.
“We have had a strong start to 2013 with customer demand for our newest vehicles driving improved sales,” Williams said. “This is strong confirmation that our investing in manufacturing flexibility, finding ways to bring new products to market faster, is the right strategy.”
Construction is expected to begin in the coming weeks.
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