GM announces $20M investment at Bay City factory

WKAR Public Media

Published August 18, 2010 at 5:42 PM EDT

By AP

BAY CITY, MI –

General 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.

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