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GM invests nearly $1.3 billion for five U.S. plant upgrades

Staff writer ▼ | December 16, 2013
General Motors will invest nearly $1.3 billion in five manufacturing sites in Michigan, Ohio and Indiana to produce new fuel-efficient engines and transmissions, enhance vehicle quality and streamline logistics.
General Motors
General MotorsGeneral Motors will invest nearly $1.3 billion in 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 – announced today at GM plants in Detroit, Flint and Romulus, Mich.; Toledo, Ohio and Bedford, Ind. – 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.

Since 2009, GM has announced investments of about $10.1 billion in its U.S. operations – $2.8 billion in 2013 alone – creating or retaining more than 26,500 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. More importantly, these investments add up to higher quality and more fuel-efficient vehicles for our customers," said GM executive vice president and North America president Mark Reuss.

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

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


 

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