GM Brazil Builds Second Plant

General Motors announced Monday it will build a $200 million engine and parts plant in Brazil, where sales are booming and GM is the market leader.

The plant will employ 500 workers and will start production in the fourth quarter of 2009. When it reaches full capacity, it will produce 120,000 engines and 50,000 cylinder heads a year.

Posted by Michelle Krebs at 7:50 AM under Business , GM | Comments (0) | digg this | Seed Newsvine

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Michelle Krebs Michelle Krebs, veteran automotive-industry authority, joins Edmunds editors, analysts and data experts to provide news and commentary.
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