GM commits $131 million to Corvette factory upgrade
The sole production facility for the Chevrolet Corvette will be getting a host of improvements thanks to a $131 million investment aimed at making it better suited to build the next-generation "C7" model, which is currently slated to arrive for the 2014 model year. In addition to various support-oriented enhancements, the Bowling Green, Kentucky, plant -- which has been home to the Corvette since 1981 -- will add another 250 persons to its current 400-member production roster. GM says that the plant will continue turning out the current-gen car for at least the next two model years. The first of the 2012 Corvettes are due to start rolling off the line there this summer, and no interruption in scheduled production is anticipated during the course of the transition period.
"This is a significant day for anyone who believes that America should build world-class, high-performance products," said Mark Reuss, GM North America president who was joined for the announcement at the facility by Kentucky governor, Steve Beshear. "Corvette has no domestic peer for performance and pedigree and stands alongside the world's best supercars with almost 60 years of continuous heritage.