General Motors Investing $1B Into Warren Tech Center, Adding 2,600 Jobs
General Motors announced Thursday it will invest $1 billion into its Warren Tech Center in Warren, Mich., adding 2,600 jobs through 2018.
The investment will see renovations, expansions and new additions to the tech center, with work set to start this month, The Detroit News reports.
Included in the investment are new design studios, an IT building, additional parking and testing facilities, and revamped R&D buildings, as well as “extensive office upgrades” and other interior remodeling through most of the buildings at the center.
The 2,600 new jobs coming into the campus are expected to be salaried positions in engineering, IT and design, though GM didn’t state whether any of the jobs were transfers from other locations, as well as when those jobs would begin appearing.
The announcement follows one made last month involving a $139.5-million investment into the Tech Center’s Pre-Production Operations facility, a part of GM’s overall $5.4-billion investment plan to modernize its plants through 2017.
[Photo credit: Robert Emperley/ Flickr/ CC BY-SA 2.0]
I know it was controversial at the time, but the more time passes the harder it becomes to argue against the auto bailout.
I'll grant General Motors this much: This is a FAR MORE SUPERIOR use of a billion dollars than share buybacks! The Tech Center is a facility I'm very familiar with. It should've been modernized 20 years ago. They built one new building on the entire, massive campus in the last 20 years, and this facility is where GM's GLOBAL ENGINEERING, R&D and HYBRID/EV operations are undertaken. It's the most important concentration of engineering and R&D talent GM has in the world, and has close to 20,000 employees working there now, and this investment will modernize the facilities and take the headcount to close 23,000 employees (many of whom will be engineers, material science people, etc.).
I think this is great news. Its so important to invest in American manufacturing,
$1B is peanuts compared to the $14B they're going to spend on new factories in China. I can't wait when the Chinese say thank you very much...our JVs are now all ours...hahahahahahahaha round eye! 'Murica...F%#@ yea!!