GM to invest USD491M in metal stamping operations in Indiana
U.S. automaker General Motors (GM) will invest USD491 million at its Marion, Indiana metal stamping operations to prepare the facility to produce a variety of steel and aluminum stamped parts for future products, including electric vehicles (EVs), built at multiple GM assembly plants.
The investment will be used to purchase and install two new press lines, complete press and die upgrades, for renovations and to construct an approximately 6,000-square-foot addition. Work on the facility will begin later this year.
“While this investment prepares the facility for our all-electric future, it’s really an investment in our talented Marion team and will keep the plant working for many years to come,” said Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability. “This investment is another example of the company bringing everyone along and investing in the people who make manufacturing a competitive advantage for GM.”
“GM is making this investment because of the hard work and dedication of our UAW Local 977 members in Marion,” said Ray Curry, UAW president and director of the General Motors and Gaming departments. “The new stamping presses, upgrades and renovations associated with the investment will create job security for our members and help them care for their families and support their local community for years to come.”
“Indiana is the number one ranked manufacturing production state in America per capita and ranks in the top three for automotive vehicles,” said Indiana Governor Eric J. Holcomb. “It’s exactly because of investments like GM’s in advanced technology and future-focused solutions that will ensure Indiana will continue to be a leader in tomorrow’s manufacturing, making the products that power and redefine mobility the world over.”
First opened in 1956, GM’s Marion Metal Center produces sheet metal parts for multiple GM assembly plants to support production of Chevrolet, Buick, GMC and Cadillac vehicles.
GM’s Marion plant currently employs more than 750 team members and employment is expected to remain stable with the addition of this new work in the plant.