MEXICO CITY - General Motors Corp. (GM) said Thursday it has increased its operations in the northern state of Coahuila with the opening of a new six-speed transmissions plant and expansion of an existing six-cylinder engines plant.
The expansions, which will directly result in 875 new jobs, are the outcome of $1.36 billion that GM has invested in its complex in the city of Ramos Arizpe in the past year, the company said in a press release.
GM said the new transmissions plant has the capacity to build about 1 million transmissions per year for the Saturn Vue, Chevrolet Malibu and Pontiac Torrent GXP, among other models.
Meanwhile, annual production capacity at the engines plant will be increased by nearly 60% to 940,000 units per year.
GM now operates five plants at the Ramos Arizpe complex: assembly, die- casting, painting, engines and transmissions.
The expansions come just days after GM announced it would cut output at a different plant in Mexico as part of a global strategy to shift toward production of more fuel-efficient vehicles.
On Tuesday the company said it will stop building the Chevrolet Kodiak medium- duty truck at its plant in the city of Toluca in the second half of this year.