General Motors has officially announced a $131 million investment into the Bowling Green, Kentucky assembly plant, including the hiring of an additional 250 workers, in preparation for the upcoming C7 Chevy Corvette.
“This is a significant day for anyone who believes that America should build world-class, high-performance products,” Mark Reuss, GM North America president, said. “Corvette has no domestic peer for performance and pedigree and stands alongside the world’s best supercars with almost 60 years of continuous heritage. This investment in Kentucky is among $3.4 billion made in the United States since mid-2009 to keep or create more than 9,000 jobs for American workers.”
According to a report by the Bowling Green Daily News, GM had filed paperwork and gained approval from the state of Kentucky for a $131 million investment in its Bowling Green Assembly Plant where the Corvette is made. The plant’s fact sheet reveals that the facility has been in operation since 1981 and currently builds all Corvette variants including the Z06 and the ZR1, which at an MSRP of over $100,000 makes it General Motor’s most expensive vehicle.
The plant currently employees 471 hourly and salaried workers, many of whom feared that the plant may close. This official announcement no doubt comes as a welcome relief.
“At times we were on pins and needles about whether or not this plant would continue to build a car because the bar is constantly being raised,” said Eldon Renaud during an interview with the Daily News. He is the current president of Local 2164 of the United Auto Worker and has been employed with GM since 1968.
GM has made multiple multi-million dollar improvements throughout the plant’s history and the reported future investment should put Renaud’s fears to rest for the time being. There are no official details on the C7 Corvette, but we expect GM will continue the iconic sports car’s recipe of value matched with performance that targets its European rivals.
In the meantime, the 2012 Corvette has just undergone some upgrades and revisions, including upgraded tires, new packaging, and increased seat bolstering.