GM Investing $100 Million in Two U.S. Manufacturing Facilities
February 11 2021 - 1:27PM
Dow Jones News
By Michael Dabaie
General Motors Co. said it is making a $100 million investment
in two of its manufacturing facilities to boost full-size truck
transmission capacity.
The auto marker said it will invest $93 million at the Romulus,
Mich., propulsion plant and $7 million at the Bedford, Ind.,
casting operations.
The Romulus investment will add machining capability, while the
Bedford investment will increase the plant's die casting
capabilities.
Both investments will support increased production of GM's
10-speed automatic transmissions used in the Chevrolet Silverado
and GMC Sierra light-duty, full-size pickups.
Work will begin immediately at both locations, the company
said.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
February 11, 2021 13:12 ET (18:12 GMT)
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