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GM To Invest $20M In Bay City Factory

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gmlogo GM To Invest $20M In Bay City FactoryGeneral Motors has announced it will spend $20 million to prepare its Bay City Powertrain for building camshafts that will go into a new engine.

The company said Wednesday’s announcement brings to $62.5 million the amount of new investment at the plant this year. The camshafts are for GM’s next generation Ecotec engine, which is its highest volume four-cylinder engine program.

Bay City Mayor Charles Brunner says GM’s spending at the factory shows what “a bright future” the automotive industry has.

(Copyright 2010 by The Associated Press.  All Rights Reserved.)

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