DETROIT—Lear Corp. plans to invest $48 million to build a new automotive seat assembly operation here that could create hundreds of new manufacturing jobs.

The plant will be built on the site of a shuttered stamping plant once owned by General Motors. The plant will supply seats for the electric vehicles built at GM’s nearby Detroit-Hamtramck Factory ZERO.

“The facility will be one of our most energy-efficient plants in North America, and not only create hundreds of new jobs, but will be another important step forward in the redevelopment of Detroit’s eastside neighborhood,” the company said in a statement.

Demolition of the old stamping plant began in March and is expected to finish sometime this fall. Construction of the new factory would then start and could possibly be done by next summer.