General Motors will invest $75 million to expand its transmission manufacturing plant in Toledo, Ohio.
Since 2009, GM noted it has invested more than $3.3 billion in Ohio. In 2019, the company paid more than $450 million in taxable wages to Ohio employees. GM currently has more than 3,800 employees in the state.
“Through this investment, we continue to take steps to strengthen our current core business and build on our significant manufacturing presence in Ohio,” said Phil Kienle, GM vice president, North America Manufacturing and Labor Relations. “We appreciate the GM Toledo team’s commitment to build world-class products for our customers and this investment recognizes their efforts.”
Toledo Transmission Operations opened in 1916. Today, about 1,700 team members proudly manufacture and assemble GM’s six-speed, eight-speed, and 10-speed rear-wheel-drive and nine-speed front-wheel-drive transmissions that are used in a variety of Chevrolet, Buick, GMC and Cadillac vehicles.
According to the automaker, “the investment will increase the plant’s capacity to build 10-speed automatic transmissions that are used in GM’s award-winning full-size truck products including the Chevrolet Silverado and GMC Sierra. Work will begin immediately at the Toledo plant.”