General Motors (GM) is spending hundreds of millions of dollars to boost its US electric car manufacturing capabilities.
The company will $491 million at the GM Marion Stamping alone, in a bid to to prepare the factory to make the steel and aluminum stamped parts needed to assemble future electric vehicles in the US and Canada.
“While this investment prepares the facility for our all-electric future, it’s really an investment in our talented Marion team and will keep the plant working for many years to come,” Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability, said in the statement about the investment in the Indiana plant.
GM Marion Stamping Plant – Marion, IN
The united auto workers’ union (UAW) is taking the investment in Marion as a win, saying GM efforts there will create job security for Local 977 members who work at the facility. “GM is making this investment because of the hard work and dedication of our UAW Local 977 members in Marion,” said Ray Curry, UAW president and director of the UAW’s General Motors department.
The investment announced this week will be used to add two new press lines, complete upgrades on existing equipment, misc. rennovations throughout the plant, and a 6,000-square-foot addition. Work on the facility is scheduled to begin within the next four months.
SOURCE | IMAGES: DETROIT FREE PRESS.