General Motors (NYSE: GM) announced its intention on Thursday to invest over $500 million in the Arlington assembly plant. The purpose of this investment is to equip the facility for the production of upcoming internal combustion engine full-size SUVs.

This substantial investment will be utilized to enhance the stamping and assembly areas of the plant, which currently produces General Motors’ complete range of full-size sport utility vehicles (SUVs), including popular models such as the Chevrolet Tahoe and Suburban. The funds will be allocated towards acquiring state-of-the-art tooling and equipment, ensuring the plant remains at the forefront of manufacturing excellence.