General Motors May Reopen Indonesia Plant, Asia Chief Lee Says

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By Anuchit Nguyen

Sept. 2 (Bloomberg) -- General Motors Co., the largest U.S. automaker may spend $150 million to restart a plant in Indonesia that has been closed for about five years, said Tim Lee, the company’s president for international operations.

A decision on whether to reopen the plant, which could initially produce 50,000 vehicles a year, will be made within 90 days, Lee said today at a briefing in Bangkok.

The plant would make multi-purpose vehicles, he said.

BLOOMBERG/General Motors May Reopen Indonesia Plant, Asia Chief Lee Says