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GE to Invest $500M in Arlington Plant
The announcement was not a sure thing. General Motors has publicly disclosed that it wants to convert to an entire electric vehicle fleet by 2035. Still, they decided to re-invest in its Arlington plant and maintain its workforce at 5,200. The company says the $500 million dollar investment is meant to prepare it for production of next-generation internal combustion engine, full-size SUVs.
The Texas investment will be used to provide new tooling and equipment in the stamping and assembly areas of the plant that manufactures the company’s entire line-up of full-size sport utility vehicles (SUVs), including Chevrolet Tahoe and Suburban, GMC Yukon and Cadillac Escalade.
Executives said the facility will continue producing fuel-powered SUVs, at least into the next decade. GM has been an institution in Arlington for almost 70 years, investing $2 billion in the facility. The plant survived the COVID-19 pandemic, a chip and ongoing supply shortage and a contentious union contract negotiation about three years ago.