GM to invest $500 million in Saturn plant
Spring Hill was once the idyllic home of GM's quirky brand. Now it's the new site for its engine plant
Spring Hill, TN was once the site of General Motors’ grandest experiments – the Saturn automobile line. Through iconic advertising that talked of no-haggle prices and a family spirit among its workers and its owners, GM said it was trying to build “a truly different kind of car.”
When Saturn’s nameplate died last year amid the massive restructuring of GM, so did more than 2,000 jobs in Spring Hill. The plant was idled until last week, when GM announced it was starting the plant back up as a manufacturing center for the automaker’s four-cylinder Ecotec engines. The move will generate about 500 jobs and will be backed by an almost $500 million investment from GM.
“This engine is going to go ahead and provide job security to the Spring Hill team members for the next eight to 10 years,” Mike Herron, bargaining chairman for UAW Local 1853, told the Daily Herald in Maury County, TN.
“Given the incredible capital investment GM has made in this facility, given the strong quality of the vehicles that were shipped from here and the productivity of the workforce here in Tennessee, we’ve always believed that GM would use Spring Hill when the time was right,” Tennessee Gov. Phil Bredesen told the workers. “And I’m here today to tell you the time is right — right now.”
Also addressing the gathering to annouce the plant opening was Spring Hill mayor Mike Dinwiddie.
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2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.