The leading automotive manufacturer General Motors plans to invest $71 million into two Ohio manufacturing facilities. These investments will enable GM to retain 240 good-paying U.S. manufacturing jobs.
- The finance including $39 million for its Toledo transmission plant and $32 million for its Defiance casting plant. Work will begin immediately at the two locations.
- The Toledo investment will be used to upgrade and enhance the production of GMs eight-speed rear-wheel-drive transmission and the Defiance investment will be used to prepare the facility for future engine casting components work.
The prominent investments and partnerships by General Motors are featured below:
Sept 2020: To fight the COVID-19 pandemic, General Motors and Ventec Life Systems completes the delivery of 30,000 V+Pro critical care ventilator to the U.S. Department of Health and Human Services.
April 2020: In response to COVID-19 General Motors announced the first delivery of VOCSN V+Pro critical care ventilators, produced in collaboration with Ventec Life Systems at Kokomo, Indiana facility. The ventilators supplied to Franciscan Health Olympia Fields in Olympia Fields, Illinois and Weiss Memorial Hospital in Chicago at the direction of the Federal Emergency Management Agency.
April 2020: General Motors in response to COVID-19 pandemic announced that it partnered with Ventec Life Systems to build VOCSN critical care ventilators at GM’sKokomo, Indiana manufacturing facility. The partnership will help Ventec to increase the production at their manufacturing facility in Bothell, Washington.
March 2020: General Motors announced addition of more than 1,200 jobs at its Lansing manufacturing operations to meet customer demand for popular mid-size SUVs. The expansion of labour force will also support the launch of two all-new Cadillac sedans.
January 2020: The worlds leading automotive company, General Motors (GM) is expanding in Michigan, USA. The company is investing $2.2 billion at its Detroit- Hamtramck assembly plant to produce a variety of all-electric trucks and SUVs. Post this investment, once the plant is fully operational, around 2,200 new manufacturing jobs will be created for locals. With this investment, Detroit-Hamtramck will be the GMs first fully-dedicated electric vehicle assembly plant.
January 2020: Hong Kong-based Great Wall Motors (GWM) announced an agreement with GM for the sale of GM Indias Talegaon manufacturing facility. The transaction will support the GWMs plan to enter and invest in India. Great Wall Motors will officially debut its Haval brand and GWM EV in the Indian automotive market.
About General Motors
General Motors is a global automobile company, headquartered in Detroit, Michigan, the USA. The company designs, manufactures, markets, and distributes vehicles around the world. General Motors, along with its subsidiaries and other joint venture entities, sell vehicles under the Cadillac, Chevrolet, Buick, GMC, Holden, Baojun, and Wuling brands.
General Motors subsidiaries include Maven a personal mobility brand; OnStar a global leader in vehicle safety and security services; and Cruise-an, autonomous vehicle company, help the company deliver safer, better, and more sustainable mobility to people around the world. General Motors vehicle manufacturing process has one of the lowest environmental footprint.
General Motors has approximately 180,000 employees serving in 6 continents of the globe and speaking almost 70 languages. General Motors, the first automotive company producing affordable electric cars at a mass level, has also pioneered the development of an electric starter and airbags for the automobile.