GM Expanding Production of Electric Motor Parts in NY State
January 21 2022 - 12:12PM
Dow Jones News
By Stephen Nakrosis
General Motors Co. on Friday said it will renovate its Western
New York Lockport Components plant to produce electric motor
components.
The company said it planned to invest almost $154 million for
renovations, new equipment and machinery used in the production of
stator modules, a component in electric motors.
Renovations will begin immediately, GM said, adding the facility
will continue to build components supporting the company's current
truck and SUV production.
The site currently has over 1,500 employees and GM said it
expects to add about 230 new positions between 2023 and 2026.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 21, 2022 11:57 ET (16:57 GMT)
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