Official: GM investing $131 million in Corvette factory

There are plenty who feel about the Chevrolet Corvette, 'may you live long and prosper,' and General Motors is aiding that sentiment with a $131 million investment in the Bowling Green, Kentucky plant that builds the Chevrolet halo car. Apparently, though, the reason GM feels that way is because, in April, the state of Kentucky offered $7.5 million in tax incentives in order to hold on to production.

The investment begins this summer as the plant retools to produce the upgraded 2012 model line, and continues as it gears up to build the next-generation Corvette said to bow in 2013. Part of the funds will pay for 250 new workers to join the 400 that currently assemble the five different variants. GM's press release is after the jump with more information.

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