Since 2009, General Motors has invested around $10.1 billion in its U.S. operations – $2.8 billion in 2013 alone – which led to the creation or retention of more than 26,500 jobs. Yet a new generation of products are on the way, and GM has once again plotted its next round of manufacturing investments in its Michigan, Ohio and Indiana facilities. The announcement was made today at the Flint, MI Assembly Facility.
The large investment plan is expected to create or retain around 1,000 jobs, and will be divided as follows:
- $600 million in Flint Assembly for facility upgrades, which will include 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 another $150 million to increase capacity of an all-new V6 engine
- $121 million in Detroit-Hamtramck Assembly for a logistics optimization center
- $30.6 million in Toledo Transmission Operations for increased capacity and tooling for a new variant for an existing 6-speed transmission
- $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