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December 2013
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GM Invests Nearly $1.3 Billion for Five
U.S. Plant Upgrades
GM
Flint Plant
Brings to $2.8 billion in U.S. facility investments announced this year
FLINT, Mich. – 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. 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.
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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,” 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.” |
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Said UAW Vice President Joe Ashton, who
directs the union’s GM Department:
“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.”
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GM’s nearly $1.3 billion investment
includes:
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$600 million in Flint Assembly for
facility upgrades, including a new paint shop
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$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.
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$121 million in Detroit-Hamtramck Assembly for
a logistics optimization center
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$30.6 million in Toledo Transmission Operations
for increased capacity for an existing 6-speed transmission and
tooling for a new variant
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$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
The 10-speed automatic transmission will contribute to improved fuel
economy and performance. Details about this program and the new V6
engine will be announced later.
Photos: GM
(Dec 16, 2013)
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