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.”