General Motors announced today that it will invest $131 million in the Bowling Green Assembly Plant, to support production of the next generation Corvette.
“This is a significant day for anyone who believes that America should build world-class, high-performance products,” said Mark Reuss, GM North America president. "Corvette has no domestic peer for performance and pedigree, and stands alongside the world’s best supercars, with almost 60 years of continuous heritage.
The announcement came at an event held at the plant this morning with employees and several special guests, including Gov. Steve Beshear. The governor last June signed a bill designating Corvette as the "official state sports car of Kentucky." "Kentucky has a longstanding, mutually beneficial relationship with GM, and this significant investment further demonstrates the strength of our partnership,” Beshear said.
The plant in Bowling Green is scheduled to continue building the current generation Corvette for at least the next two model years, including the 2012 model year that begins this summer. During this period, the investment starts to take effect, preparing the facility for the C7.
Bowling Green is, of course, the exclusive manufacturer of all versions of the Vette – Coupe, Convertible, Grand Sport, Z06, and ZR1. Corvette’s current generation, the sixth in its 58-year history, has seen the car enter the realm of the world’s highest-performing cars.
Nearly 400 production workers assemble these vehicles on a one-shift, 10-hour, Monday-Thursday production schedule. Bowling Green has been home to Corvette production since 1981.