Spring Hill Wins Business Facilities’ 2016 Silver Deal of the Year

Maury AllianceEconomic News

The Silver Award in BF‘s annual Deal of the Year contest went to the Tennessee Department of Economic and Community Development for General Motors’ $789 million expansion of its plant in Spring Hill, TN, a project that will have an estimated economic impact for the region of $3 billion over the next 10 years.

“GM’s decision to put a new high-efficiency engine program and modernize vehicle programs at Spring Hill is a strong indicator that Tennessee can compete with anyone as an automotive powerhouse,” Rogers said.

GM’s Spring Hill facility, originally home to its Saturn production line, is a flexible vehicle assembly plant currently producing the Cadillac XT5 and GMC Acadia models, as well as four-cylinder engines and stampings used in several GM vehicles. Low-cost electricity provided by Tennessee Valley Authority was a key factor in the auto giant’s decision to expand operations at Spring Hill, officials said.

For more information on the award and the Gold and Bronze winners click HERE

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