GM Invests $552 Million in Ohio and New York Manufacturing Facilities
Today General Motors announced $552 million in investments for key manufacturing facilities located in the states of New York and Ohio.
Of the half a billion dollars in investments, $333.66 million went to three facilities in New York. According to GM, $259.9 million sent to the Tonawanda engine plant for future engine production will enable the location to retain 857 jobs and create 67 new jobs. The $31.86 million for components sent to the Lockport facility will retain 320 jobs (13 of which are salaried), and the $5.9 million for components sent to Rochester will retain 20 jobs.
The remaining $218 million is all going to the Parma Metal Center in Ohio to pay for new presses, dies, and sub assemblies. GM says that 140 jobs will be retained at the manufacturing facility as a result of the cash infusion.
“GM remains committed to investing in its US operations,” GMNA Manufacturing and Labor Relations Vice President Cathy Clegg said in a statement. “With these latest projects we have announced investments of $2.9 billion in 2016, allowing us to support the production of future engines and vehicles.”
“The UAW’s negotiations with GM to reinvest in the Tonawanda, Rochester, Lockport and Parma plants have paid off not only for our members but also for those communities,” added UAW GM Vice President Cindy Estrada. “Our strategic bargaining efforts will keep and grow great American auto manufacturing jobs in places that have seen too much manufacturing disappear and will solidify the job security our members deserve.”