GM plans $560M investment in Cami plant in Ingersoll
General Motors says it's spending $560 million so its CAMI assembly plant in Ingersoll will be ready to build the next generation Chevy Equinox.
The automaker says $190 million will be spent on equipment and tools at the southern Ontario plant while $370 million will go to vendor tooling with Canadian suppliers.
Economic Development Minister Brad Duguid says today's announcement shows GM's confidence in Ontario as a world leader in auto manufacturing.
"We are pleased to see General Motors securing its future in Southern Ontario," federal industry minister James Moore added. "This investment proves that … Canada [is] one of the best places in the world to build cars."
The plant employs about 3,000 people and currently produces the Equinox and the GMC Terrain, but production of the Terrain is expected to move to Mexico next year.
Comments
To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.
By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.
Become a CBC Account Holder
Join the conversation Create account
Already have an account?