GM to Invest More Than $30 Million in Pontiac Stamping Plant

General Motors GM today announced more than $30 million of investment in its Pontiac Stamping Plant earmarked for tooling and equipment to enhance the plant's manufacturing capabilities. The investments will cover upgrading three conventional press lines already operating at the plant and the installation of two additional presses that are coming to Pontiac Stamping as part of GM's stamping consolidation project. These actions will position Pontiac Stamping as a regional center supporting many plants.