General Motors plans to increase efficiency at its Arlington, Texas, automotive assembly plant by locating suppliers closer to home with a new park, bringing jobs from Mexico into the U.S.
Supplier parks located near assembly plants typically result in significant savings from reduced transportation costs, better communications and continuous improvement activities, GM said.
But more imminent political events — such as proposed changes to the North American Free Trade Agreement by President Donald Trump’s administration, and a border-adjustment tax considered by Republican lawmakers — could increase expenses for companies importing parts.
The park will feature two industrial manufacturing and warehouse buildings and will house up to 1,250 employees. The site will pull 850 jobs to the area, 600 of which the company estimates will come directly from Mexico, GM spokesman Nick Richards said, and will be fully operational by the end of 2018.
Read the full story at autonews.com.