General Motors Co. will spend $483 million and add 483 jobs building current- and next-generation Ecotec four-cylinder engines at its powertrain complex here, assuming successful incentive negotiations with local and state officials, GM North America President Mark Reuss said.
The new commitment to Spring Hill will help GM almost triple its North American production volume of four-cylinder direct-injection engines by 2012, Reuss said.
The additional work would bring to almost $2.9 billion the amount of new US investment and 7,417 jobs that GM has created or retained in 20 US plants since emerging from bankruptcy in July 2009. Employees to fill these positions will be recalled from layoff in accordance with the United Auto Workers-GM National Labor agreement.
The new spending includes $23 million that would add 30 hourly jobs to increase production beginning in the first quarter of 2011 of the current-generation Ecotec engine used in popular products like the Chevrolet Equinox, Buick LaCrosse and GMC Terrain.
Currently, the Spring Hill Powertrain Plant produces three variants of the Ecotec engine: The award-winning Ecotec 2.4L with direct injection (DI) is found in the Equinox, Terrain, LaCrosse, Buick Regal, Chevrolet Captiva (Mexico) and Daewoo Alpheon (Korea). The Ecotec 2.0L DI Turbo is used in models of the Opel Insignia (Europe), Buick LaCrosse (China), and Regal. The Ecotec 2.4L Multiport Fuel Injection engines are shipped to Korea for the Captiva and Antara.