GM to add 40,000-vehicle capacity for Chevrolet Equinox and GMC Terrain

(November 11, 2009) OSHAWA, Ontario — Because of strong sales of the 2010 Chevrolet Equinox and GMC Terrain, CAMI Automotive is investing $90 million Canadian for a substantial project that includes the re-tooling of the facility’s West Body Shop resulting in increased capacity and the recall of approximately 150 employees.

The added capacity from this investment will result in the production an additional 40,000 vehicles annually for the Canadian and U.S. markets.

“Proudly built in Canada at CAMI, the Chevrolet Equinox and GMC Terrain are two of GM’s hottest selling products,” says Arturo Elias, president, GM Canada.  “This investment is an excellent example of what happens when you get the product right.  If the product is right, everything else follows — increased production, increased employment and strong market demand.”

“As a major partner in the restructuring of the automotive industry over the past year, I am very encouraged by this investment,” said The Honorable Tony Clement, Minister of Industry.  “As a result of the high demand for the Equinox and Terrain, approximately 450 workers have returned to or will start new jobs at the plant. This is great news for CAMI, great news for Ingersoll and for Canada.”

The planning and retooling work will begin immediately and the project is anticipated to be completed in approximately seven months.