Thursday, August 30, 2012

GM planning $120 million investment in Fairfax plant


The General Motors Fairfax Plant in Kansas City, Kan., has long been one of the success stories for the company, even in its bleakest days in 2008 and 2009.

Now, the company is planning another investment to validate that.

General Motors is planning a $120 million expansion for the Fairfax plant.

The company will seek $120 million in industrial revenue bonds from the Unified Government to build a 400,000-square-foot paint-shop.

The investment will help the plant maintain it's over 3,700 workforce.

Unified Government Board of Commissioner members will be discussing the measure tonight at 6:30 p.m. at a special meeting on the 9th floor of City Hall. On September 6, commissioners are expected to vote on the measure.

According to General Motors' Website, over $470 million in wages and benefits were paid to workers at the plant last year.

The Buick LaCrosse and Chevy Malibu are built at the plant.