The details of GM’s Michigan announcement are out, and as we
expected, it’s good news (for a change).
GM will invest $500 million in its Pontiac Assembly Center, a
stamping plant, an engine plant, a transmission plant, and its Lansing Grand River assembly plant (pictured), according
to the Detroit News.
The investment will cover retooling to build GM’s newly redesigned full-sized
pickups, and Cadillac’s CTS sedan. An additional 200 employees will be required to build the pickups – jobs that will
be filled with existing employees, idle workers or Delphi workers.
Although the announcement is really
business as usual for the automaker – retooling for new products is pretty routine – the fact that the press conference
will be attended by a host of politicians, including Governor Jennifer Granholm, is a measure of how desperate the
industry and everyone connected with it are for a little good news.