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VOL. 36 | NO. 40 | Friday, October 5, 2012




GM considers expanding Pontiac powertrain HQ

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PONTIAC, Mich. (AP) — General Motors Co. is considering expanding its global powertrain engineering headquarters in Pontiac.

The Detroit News reports (http://bit.ly/QPTwhV ) Tuesday that the city has approved a tax abatement for the Detroit-based automaker that Pontiac says would create 300 jobs.

The 12-year tax abatement, plus three years for construction, would need approval from a state commission.

GM spokeswoman Kim Carpenter says the company has explored incentives related to a possible expansion but hasn't decided on whether to move forward.

The city says GM would invest $87.6 million in land and building improvements. The automaker's powertrain complex in Pontiac currently employs about 3,500 workers, mostly engineers.

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