General Motors Invests $71 Million to Expand Toledo and Defiance, Ohio Assembly Plants
09/30/2020
According to company officials, “work will begin immediately at the two locations. These investments will enable GM to retain 240 good-paying U.S. manufacturing jobs. The Toledo investment will be used to upgrade and enhance the production of GM's eight-speed rear-wheel-drive transmission and the Defiance investment will be used to prepare the facility for future engine casting components work. “
"Through these investments, GM continues to strengthen its significant manufacturing presence in Ohio," said Phil Kienle, GM vice president of North American Manufacturing and Labor Relations. "Our Toledo and Defiance teams continue to focus on building world-class products for our customers and these actions are an investment in their futures."
Since 2009, GM said it has invested more than $3.3 billion in Ohio. Separately, GM and LG Chem formed a joint venture, Ultium Cells LLC, and together are investing more than $2.3 billion to build a new, state-of-the-art battery cell manufacturing plant in Lordstown that will create more than 1,100 new jobs. Construction of the facility is underway. The new battery cell manufacturing plant will play a critical role in GM's commitment to an all-electric future.
In addition, GM has continued its commitment to the Lordstown community by working closely with Lordstown Motors Corp. since May 2019 to support the launch of its Endurance pickup, the automaker said. The acquisition of Lordstown Motors by DiamondPeak Holdings Corp. is expected to close during the fourth quarter and the company will be listed on the Nasdaq. GM is investing $75 million in the company, which includes the sale of the former Lordstown Assembly plant and production equipment.
Project Announcements
Kimberly-Clark Expands Aiken County, South Carolina, Distribution Operations
05/04/2025
Aerowerks Plans Gaffney, South Carolina, Manufacturing Operations
05/04/2025
Sweden-Based Troax Group Plans Portland, Tennessee, Manufacturing Operations
05/04/2025
Kimberly-Clark Corporation Plans Warren, Ohio, Manufacturing Operations
05/04/2025
Denmark-Based Novonesis Expands Salem, Virginia, Production Operations
05/04/2025
Polyvlies USA Expands Winston-Salem, North Carolina, Manufacturing Operations
05/04/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024