DETROIT – General Motors (NYSE: GM) is investing a combined $830 million to strengthen three key propulsion sites across its U.S. manufacturing footprint. This announcement brings GM’s investments in domestic manufacturing to over $6 billion in just the past 12 months.
The $830 million in total investment includes some production work recently started at these sites, as well as projects that will be quickly implemented to support the launch of GM’s next generation full-size trucks and SUVs.
The sites benefiting from the total investment include:
- Romulus Propulsion Systems, receiving $300 million to increase the facility’s capacity to produce 10-speed transmissions, which are used in GM’s most popular products, including next-generation full-size trucks and SUVs. This is a further capacity increase for production at Romulus, which initially received $300 million late last year to support this work. Romulus has about 1,000 employees.
- Toledo Propulsion Systems receives a new $40 million investment to support capacity increases in 10-speed transmission for our light-duty trucks, adding to $40 million investment announced to employees in March. These products further diversify the site’s manufacturing flexibility and solidifies Toledo’s position as a support plant for some of GM’s most high-demand products. Toledo Propulsion employs around 1,650 employees.
- Saginaw Metal Casting Operations (Michigan) recently announced to its approximately 350 employees a $150 million investment to increase head casting volume for Gen 6 engines, supporting next-generation full-size pickup trucks and Corvettes.
“By investing in these plants, we’re investing in our people and the communities they call home,” said Mike Trevorrow, GM senior vice president, Global Manufacturing. “The work our teams do in Romulus, Toledo and Saginaw Metal supports families, strengthens local businesses and fuels economic growth across the country. This $830 million investment is another clear signal of our commitment to these facilities, the exceptional people who work here and the customers who depend on the products we build every day.”
Taken together, these investments show the strength of GM’s current operations and its focus on positioning its U.S. manufacturing base for continued leadership in full-size truck and SUVs segments. The investments demonstrate GM’s confidence in the longevity of these plants and support for good-paying American jobs.
“On behalf of the International UAW, I want to congratulate our teams in Romulus, Toledo and Saginaw on this announcement,” said Mike Booth, UAW-GM vice president, “These investments mean greater job security for our members and stability for these facilities, which could not be more important to us. The future of U.S. manufacturing is in our hands, and together we will shape it, define it and set up future generations of auto workers on the foundation of our success. In many ways, today is just the beginning.”
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