General Motors Announces $127 Million Investment In Indiana Casting Plant
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Earlier this year, General Motors announced a hefty lump sum was being sunk into American manufacturing: a whopping $5.4 billion. We’re now beginning to see the final allocations of said sum.
As 2015 draws to a close, GM has announced it is investing $127 million into the Bedford Casting Plant in Indiana, creating 127 new jobs in the process.
The plant currently has approximately 700 employees on three shifts and produces transmission casings, converter housings, heads, and small gas engine blocks used in Chevrolet, Buick, GMC and Cadillac vehicles.
“This investment in the future recognizes the excellent workforce at Bedford Casting Operations” said Bedford Casting Operations Plant Manager Lamar Rucker. “It also demonstrates GM’s collaboration with our UAW and International Brotherhood of Electrical Workers partners, which reflects how we continue to bring new powertrain solutions to our customers.”
GM stated more details will be forthcoming on the investment in Indiana.
In total, GM has created 3,370 new positions with its investments this year, and secured over 15,000 current jobs.
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