General Motors Corp.’s Australian subsidiary Holden Ltd. announces plans to increase annual capacity at its Port Melbourne engine plant to 240,000 units. The $35 million expansion, which involves installation of extra machinery on the block, crankshaft and cylinder head line, will be completed by the third-quarter 2005. Daily maximum capacity will be 960 units. The Port Melbourne plant, which just opened in November, makes GM’s 3.6L V-6 engine and will begin production of the 2.8L V-6 ...
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