Friday, 8 March 2013

General Motors invests $250 million in Cami


Great news for Ingersoll auto assembly plant
By Mark Schadenberg
INGERSOLL -- The Cami car plant in Ingersoll is a shining example of the southern Ontario economy’s strength in automobile assembly.
This past week it was announced that General Motors will be investing $250 million into the factory that builds Equinox and Terrain vehicles and thereby reinforcing Cami as a significant player in the Oxford County economy.
In The London Free Press, Ingersoll CAW Local 88 boss Mike VanBoekel, said it best: “It is fantastic news, it reflects on our membership, we got this thanks to their work.”
Quality workmanship at Cami 
Another report from the national CAW boss echoed VanBoekel’s comments as CAW National president Ken Lewenza, said: "New investment in infrastructure is difficult to obtain in today's economic climate. This success can be directly attributed to the quality work of CAW members at Cami."
Cami employees more than 3,000 already and that number should grow as the GM plant expansion will permit the building of other car designs in a more versatile body shop.
“Conversion of the Cami Assembly plant to a flexible manufacturing facility will provide Cami with the ability to produce multiple global architectures and body styles,” Kevin Williams, president and managing director, General Motors of Canada, said in a statement included in the Free Press story as written by Norman DeBono.
“We have had a strong start to 2013 with customer demand for our newest vehicles driving improved sales,” added Williams, “This is strong confirmation that our investing in manufacturing flexibility, finding ways to bring new products to market faster, is the right strategy.”
Cami started 26 years ago
Cami Automotiove was established back in 1986 as an association between GM and Suzuki, and quickly became known in the SUV world for its Geo Tracker and Suzuki Sidekicks.
By 1993, Cami had already built 500,000 vehicles. Other cars to roll off the assembly line previously include the Firefly, Metro, Vitara, Torrent and XL7.
According to links I read online, Suzuki departed from the shared agreement in 2009, giving General Motors sole possession.
A widely released Canadian Press reported noted the market share of GM. According to DesRosiers Automotive Consultants, General Motors brands currently account for about 14 per cent of Canadian sales of passenger vehicles and light trucks.
As of February, GM Canada was third in national sales volume — trailing Chrysler/Fiat and Ford. Together, the three U.S.-based auto companies accounted for about 47.3 per cent of Canadian sales in the first two months of 2013.
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For the full story see this link from The London Free Press:   http://www.lfpress.com/2013/03/08/cami-investment-secures-next-generation-vehicles
    
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Another reason why Woodstock, Ingersoll and Oxford County should be on your house hunting shopping list.
Contact: 
Mark Schadenberg, sales representative
Royal LePage Triland Realty
(519) 537-1553

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