GM to invest $275M in Indiana truck plant

[October 27, 2011]  DETROIT (AP) -- General Motors says it will invest about $275 million at its Fort Wayne, Ind., pickup truck plant.

The money will prepare the plant to build the next generation of Chevrolet and GMC full-sized pickups.

GM says the investment will add or keep 150 jobs, but a spokeswoman says she doesn't know how many new jobs will be created.

The Fort Wayne plant now has 3,400 employees who work three shifts per day building the Chevrolet Silverado and GMC Sierra pickups.

The new trucks are expected for the 2013 model year, but GM hasn't said when they'll go on sale.

GM said in May that it would invest $2 billion at 17 plants in eight states. The Fort Wayne investment is the last announcement of the $2 billion.

[Associated Press]

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