General Motors (GM) will take full ownership of the CAMI plant in Ingersoll, Ontario. CAMI, originally known as Canadian Automotive Manufacturing Inc., was established as a partnership with Suzuki Motor Corp. and launched production in 1989. The factory employs more than 2,000 people, and has produced more than 2.3 million vehicles. GM has plans to expand capacity at CAMI to an additional 40,000 vehicles annually—adding to the 200,000 it currently produces.

In November 2009, GM announced a $90-million investment at the plant, and added a third production shift. The expansion and re-tooling will allow the car giant to run the plant at full capacity and meet demand for its 2010 Chevrolet Equinox and GMC Terrain vehicles, two crossover models that have proven extremely popular with consumers.

“Bringing CAMI completely into the GM family is a strong vote of confidence in the people there", says GM Canada President Arturo Elias.

“Ontario is a world leader in automotive production and assembly, thanks to our highly skilled workforce and culture of innovation” says The Honourable Sandra Pupatello, Ontario Minister of Economic Development and Trade. “We congratulate the CAMI and GM teams as they continue to contribute to our province’s success.”

The federal and Ontario governments invested a total of $10.5 billion in GM Canada earlier this year as the automaker struggled to survive the economic downturn.  GM has announced plans to spend $2.2 billion on capital and $1 billion on research and development between now and 2016 in Canada.

General Motors of Canada headquartered in Oshawa, Ontario and employs over 9,000 people nationwide.

General Motors [www.gm.com] is yet another company that finds opportunity in Canada.