"If you want to know where an automaker's priorities lie, sometimes it's better to look not at their latest cars for sale, but at where they're investing money for the future. One recent example: Hyundai expanding its manufacturing presence in the U.S., in part to deepen its customer base here. Another came at the end of November, with General Motors revealing that it will invest $550 million in two plants in Ohio and Michigan where specific components are made."
"The latest investment includes allocating $300 million to the Romulus Propulsion Systems plant in Michigan "to increase the output of the 10-speed automatic transmissions used in its full-size pickups and SUVs like the Cadillac Escalade, Chevrolet Silverado, Suburban, and Tahoe," as well as $250 million to the Parma Metal Center in Ohio which produces sheet metal."
""Our manufacturing teams are the driving force behind GM's success, and we're committed to giving them the tools and training they need to excel in today's advanced manufacturing world," said Mike Trevorrow, GM's senior vice president of global manufacturing, in a statement. "When we invest in our workforce, we're not only building great vehicles - we're helping secure the future of American manufacturing.""
General Motors will invest $550 million in two U.S. plants: $300 million at the Romulus Propulsion Systems plant in Michigan to increase output of 10-speed automatic transmissions used in full-size pickups and SUVs, and $250 million at the Parma Metal Center in Ohio, which produces sheet metal. Mike Trevorrow, GM's senior vice president of global manufacturing, emphasized investing in workforce tools and training to secure the future of American manufacturing. The investment adds to earlier commitments and brings GM's total planned U.S. manufacturing investment to $5.5 billion, reflecting continued demand for both gas-powered and electric vehicles.
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