GM to eventually close Shreveport truck plant - KSLA News 12 Shreveport, Louisiana News Weather & Sports

GM to eventually close Shreveport truck plant

SHREVEPORT, LA (KSLA) - KSLA news 12 has confirmed that Shreveport's General Motors plant will shut down, but not in the immediate future.

Employees going to the plant to learn about the latest buyout offer saw a taped message from the company announcing the shutdown.

The message said the plant will not continue as a part of the new GM when it emerges from Chapter 11 bankruptcy.

According to a statement from the United Auto Workers, with the pending sale of Hummer to the Chinese company Tengzhong, GM will continue to produce Hummer H3's and H3T's for the new company for a contracted period of time.

The UAW statement also says the plant will continue to build the Chevy Colorado and GMC Canyon pickup trucks through their product lifecycle of 2012, however that could end sooner depending on market demand.

At some point, the plant will be placed in what's called 'closed plant status' so it can be sold off as a bad asset.

We'll have more on this breaking news story as it becomes available.

Also on
GM to sell Hummer to Chinese company
GM hoping for speedy sale and exit from Chapter 11
Opposition to the GM plan
GM to sell Saturn brand to Penske dealership chain

©2009 KSLA-TV. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Powered by Frankly