GM earmarks $1.3 billion to upgrade five plants

Article by Christian A., on December 17, 2013

General Motors will spend $1.3 billion to upgrade two Michigan assembly sites and three powertrain plants, including retooling for a new 10-speed transmission. According to GM, the investment would result to the creation or retention of 1,000 jobs. “GM is committed to a strong American manufacturing base and creating jobs in dozens of communities throughout the country,” Mark Reuss, GM’s president of North America, said in a statement.

He remarked that the announced plant upgrades “continue the momentum of a resurgent auto industry,” adding that they add up to higher quality and more fuel-efficient vehicles for customers. GM will disclose details about the 10-speed transmission in the near future.

The carmaker inked an agreement in April with Ford Motor Co. to jointly develop nine- and 10-speed transmissions, which are expected to help improve fuel economy and performance in future vehicles. The investments include $600 million on a new paint shop and other upgrades at Flint Assembly site, which builds light-duty and heavy-duty pickups.

It also includes $121 million on a logistics optimization center at Detroit-Hamtramck Assembly site, which produces the Chevrolet Impala, Malibu and Volt.

The investments also cover $493.4 million at its Romulus powertrain plant for equipment to build a new 10-speed transmission and to hike capacity of a previously announced V-6 engine. The investment is in addition to a recently commenced $390 million retooling project at the site.

GM will spend $30.6 million on its Toledo Transmission Operations in Ohio to increase capacity for a six-speed transmission and tooling for a new variant. The carmaker will spend $29.2 million at its Bedford Castings in Indiana to build components for the 10-speed and six-speed gearbox. [source: GM]

Topics: gm

If you liked the article, share on:

Comments

Recommended

The aftermath of the Takata airbag recall still largely resounds in the automotive industry, as big automotive companies like BMW, Mazda, Subaru and Toyota were extensively hit with what is...
by - May 22, 2017
Amid reports that major rival Volkswagen would cease producing 2016 and 2017 model year diesel cars following the wake of the "Dieselgate" scandal, it’s believed that Chevrolet sees its opportunity...
by - May 22, 2017
Honda recently whips out a new feature for the S660 Bruno Leather Edition. Any guesses? Well, it’s going to be an iPhone app that goes by the name Rev Beat....
by - May 22, 2017
And so it goes, Ford is not at all closing its doors to an all-electric F-150 pickup. The American manufacturer initially laid out its plans for an F-150 hybrid earlier...
by - May 22, 2017
As it is now, Nissan Motor’s Nismo road car operations is a relatively a small business, with an annual volume of 15,000 performance-oriented cars. However, Nissan is giving Nismo fans...
by - May 21, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries