Join The Discussion

 

UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

read more >

Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

read more >

Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

read more >

Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

read more >

Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

read more >

GM officially opens new stamping plant in Arlington

Raw sheet metal is stamped into automotive parts at the new General Motors Arlington Stamping plant Monday, October 14, 2013 in Arlington, Texas. GM Arlington’s new contiguous stamping facility represents a $200 million investment in Texas and marks the resurgence of American manufacturing and a commitment to manufacturing excellence within General Motors. (Photo by Mike Stone for General Motors)

The first of three mammoth stamping presses is up and running at General Motors’ newest stamping facility in Arlington. The $200 million contiguous stamping plant, announced in 2012, adds 180 jobs to GM’s Arlington manufacturing complex and is one of 10 contiguous stamping operations globally that started production in the last five years.


The first Arlington-stamped product was a 2014 Cadillac Escalade on display at the site’s official grand opening on Oct. 14 attended by Tim Lee, executive vice president, global manufacturing and chairman, GM China.
“Our stamping team takes GM’s creative designs and makes them a reality, forming metal into shapes that please our customers and define a product’s identity,” Lee said. “They ensure hundreds of metal parts come together to fit snugly, but open and close with ease. And they produce perfectly smooth body panels so our paint shops can apply a pristine coat of paint for our customers.”
The new stamping facility will produce large metal parts, such as doors, hoods and side panels, for the next generation of the full-size SUVs. The Arlington plant is the lone source for Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades sold globally.


The Arlington plant today receives stampings from several GM locations, some more than 1,000 miles away. The new stamping facility will save about $40 million in logistics costs each year, according to GM.
“Arlington Stamping is the latest example in GM’s strategy to improve quality and reduce cost,” Lee said. “The money we save can be reinvested in our products and technologies that add value to our customers.”
In January 2012, the city of Arlington approved a 10-year, 90 percent tax abatement for the expansion.


The GM Arlington assembly plant employs over 2,500 workers, most represented by UAW Local 276. An estimated 1,140 SUVs are built there every day. The plant makes the Chevrolet Tahoe, Chevrolet Suburban, GMC Yukon and the Cadillac Escalade vehicles
As part of the stamping plant opening ceremony, GM, the GM Foundation and UAW leaders announced $75,000 in contributions to local charities. - Robert Francis
 

< back

Email   email
hide
Midterms
What was the message of the midterm elections?