General Motors will invest nearly $1.3 billion in five manufacturing facilities across the United States, the Detroit-based automaker announced today.
The investments will fund production of a new V6 engine, a new 10-speed transmission and an existing 6-speed, a new paint shop, a logistics optimization center, as well as several assembly plant upgrades. Five plants located in Michigan, Ohio and Indiana will benefit from the $1.3 billion investments, which will create or retain about 1,000 jobs.
“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.”
• $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.”
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