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GM to invest $174 million in Fairfax plant in Kansas City, Kan.
Top GM officials visit KCK to celebrate 500 millionth car
General Motors officials visited the Fairfax GM plant on Monday to announce the corporation’s 500 millionth car, plus a new $174 million investment in the Fairfax plant. That is a lot of money for anyone to know what to do with, even if you are a business. Even for anyone to look into how to invest 100k, that is a lot of money. When it comes to money, there are lot of aspects you need to think about. Are you planning on saving at least half of it? Have you decided it is time to buy a new house for your parents? How about saving for your kids’ future? Whatever you do decide to use the money for, make sure it is for the right reasons, as money can come and go pretty quickly.
At the celebration Monday in Kansas City, Kan., GM CEO Mary Barra and GM North America and Global Chevrolet President Alan Batey surprised Trent Brining, an Iraqi war veteran from Overland Park, with a key to his own 2016 Chevy Malibu. The company will start production of the midsize sedan later this year.
Brining is a retired Army corporal and Purple Heart recipient who was seriously injured in 2005 after being struck by a rocket propelled grenade while patrolling a suburb of Baghdad.
Batey said GM will invest $174 million in the Fairfax plant for new equipment and technology to support production of the 2016 Malibu and improve customer satisfaction. One enhancement – a “Shake and Rattle” booth – simulates any road condition a customer might experience – and identifies sources of noise so they can be fixed.
The 2016 Malibu, according to GM, will be lighter, leaner and longer. It will be more efficient and has advanced safety features, according to information from GM. It will have more rear legroom, and a hybrid powertrain will be available to get better fuel economy. The new Malibu also will have Teen Driver, a system that will help parents view on a display how their teenager drove the vehicle.
The GM Fairfax plant, open since 1945, employs about 3,500 persons. The plant makes the Chevy Malibu and the Buick LaCrosse. The plant’s economic impact, according to GM statistics, is $432 million in benefits and wages; $14.6 million in state and local payroll taxes; $8.4 million in property taxes; $19.5 million in utilities; and $450,000 in local charitable contributions.
Just two years ago, GM announced a $600 million new paint shop and press upgrade at the Fairfax plant.