GM Invests $331 Million in Powertrain Facilities image

GM said it will make an investment of $331.8 million into four powertrain facilities located in Indiana, Ohio and Michigan, to increase production of the eight-speed transmission and fuel-efficient engines.

Besides the $331.8 million investment GM will also spend $46 million to upgrade other two plants located in Michigan. GM North America Manufacturing Manager Arvin Jones said that although these investments will not create new jobs, they will retain the existing 1,650 ones. These two investments are part of the $1.5 billion the automaker said it will spend this year for its North America plants.

“We are investing in technologies and manufacturing capabilities that produce high-quality, fuel-efficient vehicles and components for our customers,” said Diana Tremblay, vice president of GM North American manufacturing. “Today’s announcement demonstrates GM’s commitment to growing the business and strengthening the plant communities where we receive so much support.”

Almost $215 million will go to the Flint Engine Operations to add new equipment for the production of the V-6 engine and to manufacture the small Ecotec gasoline engine, which will be part of the three-cylinder and four-cylinder family of engines, ranging from 1 liter to 1.5 liters. The Toledo Transmissions Operations will get $55.7 million to increase capacity and new equipment for the six-speed transmission and the all-new eight-speed automatic transmission.