Consultants Forum    |   FacilityLocations    |   FastFacility    |   Advertise    |   Subscribe    |   Newsletter    |   RSSRSS
Area Development
Subscribe
Current Issue
Past Issues
State Resources
  
Topics
Asset Management
Business Globalization
Economics/ Government Policy
Energy/Sustainable Development
Labor/Education/HR
Logistics/Infrastructure
Site Selection/Facility Planning
Taxes/Incentives
Special Presentations
Annual Corporate & Consultants Survey Results
Annual Gold Shovel Economic Development Awards
Economic Developers Directory
Leading Metro Locations
Top Site Selection Factors
Top States for Doing Business
Market Reports
Aerospace
Automotive
Biotech
Food Processing
High Tech/Nano/Electronics
Medical/Pharmaceutical
Other Industries
Plastics
Inward Investment Guides
Location Canada
Location USA
Departments
Front Line
International Location Reports
Location Notebook
News Items
Studies/Research/Papers
U.S. Regional Reports
Viewpoint
Services
Consultants Forum
Newsletter  |  RSS RSS
Subscribe to Area Development Magazine
Advertise
About Us
Contact
Related Sites
FastFacility
FacilityLocations
Consultants Site Guide
FastGIS
Newsletters
Email Address*
Primary Industry
General Motors Invests Nearly $1.3 Billion To Expand Its Michigan, Ohio and Indiana Manufacturing Centers
Area Development Online News Desk (12/16/2013)
General Motors will invest nearly $1.3 billion at its five manufacturing sites in Michigan, Ohio and Indiana to produce new fuel-efficient engines and transmissions, enhance vehicle quality and streamline logistics. The investments combined will create or retain about 1,000 jobs.

The investments at GM plants in Detroit, Flint and Romulus, Michigan; Toledo, Ohio and Bedford, Indiana, will support production of a new V6 engine, new 10-speed transmission and an existing 6-speed transmission. They will also fund assembly plant upgrades, including a new paint shop and logistics optimization center.

GM’s nearly $1.3 billion investment includes:

$600 million in Flint Assembly for facility upgrades, including a new paint shop;

$493.4 million in Romulus Powertrain Operations, which includes $343.4 million for equipment to produce an all-new 10-speed automatic transmission and $150 million to increase capacity of a previously announced new V6 engine;

$121 million in Detroit-Hamtramck Assembly for a logistics optimization center;

$30.6 million in Toledo Transmission Operations for increased capacity for an existing 6-speed transmission and tooling for a new variant;

$29.2 million in Bedford Castings, which includes $22.6 million to produce components for the 10-speed transmission and $6.6 million to produce components for an existing 6-speed transmission.

“GM is committed to a strong American manufacturing base and creating jobs in dozens of communities throughout the country. Today’s announced plant upgrades continue the momentum of a resurgent auto industry,” said GM Executive Vice President and North America President Mark Reuss. “More importantly, these investments add up to higher quality and more fuel-efficient vehicles for our customers.”

UAW Vice President Joe Ashton, who directs the union’s GM Department, said, “Today’s announcement is a win for American workers. The UAW is proud to be a part of this successful collaboration with GM that has helped rebuild the nation’s economy, created good paying, union jobs in communities across the country, and brought manufacturing that was moved overseas back to the U.S. This is further proof that collective bargaining works.”

 
Article Discussion
News Items
 
Around The Web
 
Studies/Research
News Items
 
Around The Web
 
Studies/Research
Orchid Orthopedic Solutions Alabama Establishes Manufacturing Facility In Jackson, Tennessee
04/15/2014
MindMixer Locates National Headquarters In Kansas City, Missouri
04/15/2014
Germany-based Specialty Paper Producer Felix Schoeller Plans Pulaski, New York, Manufacturing Facility
04/15/2014
Building Materials Firm Saint-Gobain To Establish North American Headquarters In Malvern, Pennsylvania
04/15/2014
Heartland Food Products Group Invests $21.2 Million To Expand Its Indianapolis, Indiana, Manufacturing Campus
04/14/2014
MasterBrand Cabinets Invests $8 Million To Expand Its Ferdinand, Indiana, Manufacturing Center
04/14/2014
Mesh Systems Expands Its Carmel, Indiana, Production Center
04/14/2014
AddThis Feed
Email Tips: Send Us Business Expansion or Relocation News
<< More Recent Next >>
Top Performing Airports in 2014 for Air Cargo and Industrial RE
Area Development Online Research Desk
10th Annual Survey of Site Selection Consultants: Economy on a More Continuous Growth Track
Area Development Magazine Special Presentation
28th Annual Survey of Corporate Executives: Availability of Skilled Labor New Top Priority
Area Development Magazine Special Presentation
Manufacturers Surveyed in Q4 2013 Optimistic About the 2014 Economy
Geraldine Gambale, Area Development Magazine
The Need for Increasing the Capacity of Public Transportation Infrastructure
Area Development Online Research Desk
New Technologies Transforming Manufacturing, Changing Competition
Area Development Online Research Desk
C-Suite Must Show Higher Awareness and Involvement in Pursuing Tax Credits & Incentives Opportunities
Area Development Online Research Desk
JLL: The State of Industrial Real Estate
Aaron Ahlburn, Jones Lang LaSalle
How E-Commerce Is Changing the Face of Industrial Distribution Center Real Estate
Richard H. Thompson, Jones Lang Lasalle
Five Tax Reform Measures to Boost U.S. Investment and Economic Growth
Area Development Online Research Desk
All Studies/Research/Papers

Share