UPDATE: GM Lansing Grand River Plant Gets $88M Investment

General Motors GM will invest $88 million for a future product at the Lansing Grand River assembly plant, home of the award-winning family of Cadillac CTS models. The investment will be used for equipment and tooling for a new model. The $88 million is part of $2 billion in U.S. manufacturing investment that GM announced on May 10. The money and an estimated 4,000 new and retained jobs are spread across 17 facilities in eight states.