GM to invest $130 million in Kentucky manufacturing plant  General Motors Co plans to invest in the development of a manufacturing facility in Kentucky where it will produce a new version of the Chevrolet Corvette, according to a recently published report.

Reuters reports that GM will overhaul the production facility as it aims to completely redesign its iconic Chevy Corvette. According to the company's North American president, Mark Reuss, the redesigned sports car will look "completely different" when it is completed. "It has a completely different look," he affirmed. "Don't ask me how or what, but people will be really surprised."

The next generation of the sports car is expected to hit the U.S. market in 2013, according to Reuss. How it will differ from the current model's design - sleek, low-the-ground and wide - is something GM has so far refused to comment on.

To produce the car, GM will invest $131 million at the Bowling Green, Kentucky facility. Since GM nearly collapsed in 2009, the company has roared back, posting a $3.2 billion profit in the first quarter of 2011. According to the news source, since 2009 GM has invested $3.4 billion at its U.S. manufacturing plants.
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