General Motors announces company will invest $1.2 billion in Fort Wayne Assembly expansion
FORT WAYNE, Ind. (May 26, 2015)—General Motors announced Tuesday the company would invest more than $1.2 billion to expand and improve their campus in Fort Wayne.
The new construction will expand the assembly plant’s existing 3.3 million-square-foot campus. It is expected to total about 1.5 million square feet of new space and will include a new pre-treatment facility and expanded body shop. Additionally, the enhancements will expand the plant’s general assembly capabilities.
“The upgrades taking place at Fort Wayne Assembly assure we can meet consumer demand and grow customers for life for years to come,” said Cathy Clegg, vice president of GM North America Manufacturing.
The Fort Wayne Assembly, which was established in 1986, produces full-size pickup trucks sold worldwide and employs approximately 3,800 people in Indiana. GM executives said the expansion is expected to be one of the company’s largest investments at a U.S. manufacturing plant.
“Around the world, Indiana is known as a proven leader in advanced manufacturing,” said Gov. Mike Pence, who joined GM executives in Roanoke, Ind. Tuesday morning for the announcement. “Powered by a pro-growth business environment and a highly-skilled workforce, GM is leveraging Indiana’s strengths to help it remain competitive across the globe. Today’s announcement marks a significant promise to the Hoosier State and ensures GM’s presence in Indiana and its support of Hoosier jobs long into the future, reaffirming that Indiana is a state that works for business.”
The Indiana Economic Development Corporation (IEDC) offered General Motors up to $500,000 in training grants based on the company’s economic development plans. The IEDC will also provide the community with up to $5 million in infrastructure assistance from the state’s Industrial Development Grand Fund. Additionally, the Indiana Department of Transportation will allocate up to $4.6 million to Allen County for additional public infrastructure assistance. Allen County has approved additional incentives at the request of Greater Fort Wayne Inc.
“The expansion of the Fort Wayne General Motors facility is a tremendous commitment because it not only cements GM’s future in the Allen County community, but it also ensures that we will continue to employ Northeast Indiana residents for years to come,” said Allen County Commissioner Nelson Peters.
More information about the company can be found here.