GM to construct $200 million stamping facility in Texas

The new facility, which is a part of the company’s Arlington manufacturing complex, will produce large stamping components for the next generation of full-size Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades. Currently, Arlington plant receives stamped components from several GM plants, with some parts coming from more than 1,000 miles away. Once operational in 2013, the new facility will save about $40 million a year in logistics cost. The plant will create about 180 jobs in the region. The new facility is in addition to a $331 million investment to purchase tooling and equipment and expand the Arlington Assembly Plant that was announced along with 110 additional jobs in May 2011.