Company allocates $39 million to Toledo transmission plant and $32 million to Defiance casting plant, further strengthening its manufacturing presence in Ohio.
Late last year General Motors announced plans to invest $71 million into two Ohio manufacturing facilities, including $39 million at its Toledo transmission plant and $32 million at its Defiance casting plant. Work was due to begin immediately at the two locations. These investments will enable GM to retain 240 US manufacturing jobs.
The Toledo investment will be used to upgrade and enhance the production of GM’s eight-speed rear-wheel-drive transmission and the Defiance investment will be used to prepare the facility for future engine casting components work.
“Through these investments, GM continues to strengthen its significant manufacturing presence in Ohio,” said Phil Kienle, GM vice president of North American Manufacturing and Labour Relations. “Our Toledo and Defiance teams continue to focus on building world-class products for our customers and these actions are an investment in their futures.”
Since 2009, GM has invested more than $3.3 billion in Ohio. Separately, GM and LG Chem formed a joint venture – Ultium Cells LLC – and together are investing more than $2.3 billion to build a new, state-of-the-art battery cell manufacturing plant in Lordstown that will create more than 1 100 new jobs. Construction of the facility is underway. The new battery cell manufacturing plant will play a critical role in GM’s commitment to an all-electric future.
In 2019, GM paid more than $450 million in taxable wages to employees in Ohio. GM currently has more than 3 800 employees in the state.