- SPECIAL REPORTS
SHREVEPORT, LA—General Motors has confirmed it is investing $250 million to prepare its Shreveport truck assembly plant to produce the all-new Hummer H3 sport utility vehicle. The H3 maintains the Hummer look and off-road capability, but is smaller and more fuel-efficient than previous Hummer model. The 2006 H3 is scheduled to arrive in dealerships in the second quarter of 2005.
"GM's investment in Shreveport will help grow the economy while helping to build job security for our highly skilled workforce," says Joe Spielman, vice president and general manager of vehicle manufacturing. "GM is continuing to grow the Hummer brand with the addition of the H3, and I'm happy to say that the men and women of Shreveport will be a big part of this amazing growth."
In the last 5 years, GM has invested more than $20 billion in its U.S. operations. GM's investment in Shreveport for Hummer H3 production brings the company's recent investments in the plant to more than $1 billion. The Shreveport assembly plant has built trucks since 1981, beginning with the Chevy S-10. The plant also builds the Chevy Colorado and GMC Canyon midsize pickup trucks. The facility employs about 3,200 employees.