GM reopening Saturn plant
Posted: Tuesday, November 29, 2011 7:03 pm
SPRING HILL (AP) — General Motors announced last week it will start building the Chevrolet Equinox at its idled Tennessee plant and will also make midsized vehicles there in the future.
Last week’s announcement of a total $244 million investment over two phases is projected to create nearly 1,900 jobs at the former Saturn plant outside Nashville.
The automaker said it initially will invest $61 million and create nearly about 700 jobs to begin making the Equinox by the second half of 2012. Sales of the crossover are up 45 percent this year to more than 162,000, according to Autodata Corp.
An additional $183 million to make unspecified midsized vehicles for the 2015 model year is projected to create another 1,200 jobs. GM officials wouldn’t divulge more specifics.