General Motors could be set to sell its Warren Transmission plant in Michigan to an unnamed buyer.
In a statement sent to The Detroit News on Thursday, GM spokesman Dan Flores said a “prospective buyer is under contract to purchase GM’s former Warren Transmission plant,” and that the buyer is currently in the process of “completing their due diligence prior to closing on the property.” The automaker expects the sale to close sometime in the third quarter of this year, Flores also said.
GM stopped producing transmissions at the Warren Transmission plant in the summer of 2019. Prior to its closure, the Warren Transmission plant produced 6T70 and 6T75 six-speed automatic transmissions for a variety of General Motors passenger vehicles, including the Cadillac XTS and Chevy Impala. The automaker later used the empty floor space at the facility to produce facemasks, face shields, medical gowns and other PPE at the height of the COVID-19 pandemic in 2020.
Warren Mayor James Fouts told The Detroit News he did not know the name of the contracted buyer of the facility, but said the purchase represents a $230 million investment and that it will “create hundreds of new jobs,” in the Detroit suburb.
Warren Transmission employed 232 hourly workers and another 30 salaried workers for a total of 262, according to GM’s profile page for the now-shuttered facility. Employees were represented by UAW Local 909. The facility was first opened in 1941 and has been under GM’s control since the automaker purchased it in 1958.
“We appreciate their commitment and hard work to build the highest quality possible into each and every transmission produced at Warren Transmission Operations,” General Motors said in a prepared statement following the plant’s closure back in July of 2019.