SPRING HILL, Tenn. – General Motors has announced the next-generation Cadillac SRX will be built in its Spring Hill, Tennessee plant. A new small gas engine will also be built at the plant.
Company officials said $180 million would be invested in the plant in relation to the small gas engine. They said the investment would retain 390 jobs in Spring Hill.
The announcement was made at a press conference Wednesday morning. Details about when the vehicle would be produced were not available.
It had been widely speculated that GM would introduce the Cadillac SRX as the new product. There were reports of a second vehicle, but only the one vehicle was announced.
Several state leaders attended the announcement, including Tennessee Governor Bill Haslam, U.S. Senator Lamar Alexander and Department of Economic and Community Development Bill Hagerty.
"We want to congratulate GM on this important investment in its future in Spring Hill and Middle Tennessee. Today's announcement speaks volumes around the country and world about our state's business-friendly climate and strengths in automotive manufacturing, bringing us another step closer to our goal of making Tennessee the No. 1 location in the Southeast for high quality jobs," said Gov. Haslam.
Sen. Alexander was governor when the automaker was first recruited to Tennessee. He issued a statement, praising General Motors' commitment to the state.
“GM’s announcement today is one more sign that Tennessee is the best state for new auto jobs,” Alexander said. “During the last 30 years, nothing has done more to raise family incomes than the arrival of General Motors and the auto industry. Today's announcement is one more sign that the next 30 years should be even better.”
GM also announced $48.4 million would be invested in a Bedford, Indiana facility that would supply components for the engines that will be assembled in the Spring Hill plant.