New modern plant will start production in Q4 2009
Joinville City, Brazil - General Motors Brazil, along with officials from the Santa Catarina State and Joinville City, announced today the company's decision to build a new engine and automotive components plant in that city.
The new plant will require investments of approximately US$ 200 million and is scheduled to begin production in the 4th quarter of 2009 -- only 19 months from the announcement. The plant will employ 500 people and is expected to generate 1,300 indirect jobs.
This new venture is a good investment for Brazil. A total of approximately 1,800 jobs will be available within a short period of time. No doubt, these jobs would go a long way to benefit residents if the homeland (America) ,but this type of international business expansion will do allot for General Motors.
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