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GM Invests $1 Billion To Speed Product Development
- Detroit Bureau, Friday, May 15, 2015 8 AM
The need to speed up product development cycles helped expedite GM's decision to spend $1 billion dollars to rebuild and refurbish the company’s aging technical center in Warren, Michigan, a Detroit suburb. Mark Reuss, GM VP for product development said the Technical Center was 60 years old and had never undergone a complete renovation. However, GM now has the resources to plan for the future, he said.
