GM to spend $1.4B on Arlington plant upgrade

• General Motors (GM +0.3%) plans to spend $1.4B to update its SUV plant in Arlington, Texas.
• The investment will be part of a previously-announced commitment to spend $5.4B in plant upgrades over three years.
• Models manufactured at the Arlington facility include the Cadillac Escalade, Chevrolet Suburban, and GMC Yukon.