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General Motors broke ground today on a new $200 million stamping facility that could add 180 jobs to its Arlington manufacturing complex. As part of the event, GM, GM Foundation and United Auto Workers leaders announced $82,000 in contributions to local charities from the GM Foundation.
“Our plant could not be successful without strong support from our local community,” said Paul Graham, GM Arlington plant manager. “We’re pleased to announce these contributions at a time when we’re strengthening our presence in Arlington with construction of a new Stamping Plant that will benefit the local economy.”
The new stamping facility will produce large, metal stampings, such as doors, hoods and side panels, for the next generation of the full-size SUVs built at GM Arlington, the lone source for Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades sold globally.
Stampings currently are received from several GM locations, some more than 1,000 miles away. The new stamping facility will come on line in 2013 and will save about $40 million a year in logistics costs. The $200 million stamping facility investment is in addition to a $331 million investment by GM that was announced in May 2011 to expand the body shop and purchase tooling and equipment.
The grants are part of the more than $1 million the GM Foundation is providing to nearly 200 organizations in 43 plant cities where GM employees live and work. Through these grants, the GM Foundation is building stronger communities across the country.
River Legacy Foundation - $10,000
River Legacy Foundation began in 1988 as a unique public/private partnership with the City of Arlington. Its mission is to preserve and enhance the parkland along the Trinity River as an extraordinary educational, recreational and natural resource.
Arlington Independent School District Foundation - $10,000
The GM Foundation and Arlington Assembly recognize that business success is directly linked to the skills and talents of the workforce. Contributions to Arlington ISD Foundation will pay dividends for years to come by supporting a strong educational system in this plant community.
Arlington Independent School District GREEN - $10,000
GREEN is a partnership between General Motors, the Arlington ISD, and the nonprofit organization Earth Force. Through the program, young people are challenged to be active community citizens, tackling water quality issues with hands-on science.
Junior Achievement of the Chisholm Trail - $10,000
Junior Achievement ignites the spark in young people to experience opportunities and meet the realities of work in a 21st-century global marketplace. JA offers activity-based, interactive instruction that focuses on entrepreneurship, financial literacy, as well as work and college readiness. Local volunteers bring business relevancy to the classroom and reinforce the value of education.
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