Louisiana Welcomes V-Vehicle Co. of San Diego And The 1400 Jobs It Plans On Bringing To A Former GM Plant

T. Boone Pickens

A former Guide Lamp (a spun off GM subsidiary, known as Guide Corp and Delphi Lighting) plant based in Monroe, Louisiana is set to become the new automotive assembly plant for V-Vehicles (VVC).

The new company that is being backed by T. Boone Pickens a Texas billionaire, Ray Lane, John Doerr of Kliener Perkins Caulfield & Byers and James Davison. The operation is bringing industry veterans Tom Matano and Horst Metz to the team.

VVC as the new venture is being called "Will produce a high quality, environmentally friendly and fuel efficient car for the U.S. market", according to a company statement.

A $67 million dollar incentive package lured the company to Louisiana, which plans to make improvements to the 189 acre 425, 000 square foot facility, by expanding the facility to 750,000 square feet among other improvements.

The plant plans to employ 1400 people and a Louisiana State University report states that another 1800 indirect jobs will be created for the state.

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Kevin Kimbrough
That Car Guy

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