General Motors of Canada president Steve Carlisle announced GM will invest an additional $560 million to prepare GM’s CAMI Assembly plant in Ingersoll to be a manufacturing location of the next generation Chevrolet Equinox.
Of the total investment, GM will invest $190 million directly at CAMI Assembly in manufacturing equipment and tools and $370 million in vendor tooling with suppliers in Canada.
“GM is making investments at the award-winning CAMI Assembly plant to enable it to manufacture the next generation Chevrolet Equinox,” Carlisle said.
“These investments, which follow planning and study with our partners, are a further vote of confidence in our employees, our business and our future in Ontario and Canada.”
With the announcement, GM’s current investment program at the CAMI Assembly plant rises to more than $800 million.
GM previously announced $250 million for a new body shop and flexible manufacturing equipment and tooling, converting the manufacturing facility to support future vehicle production.
This conversion plan was first announced in March 2013 following GM’s detailed evaluation process.