General Motors Invests $71 Million in 2 Ohio Plants

General Motors  (GM) – Get Report said on Monday that it would invest $71 million in two manufacturing facilities in Ohio, with work expected to begin immediately.

GM will allocate $39 million to its Toledo transmission plant and $32 million at its Defiance casting plant. Both investments are expected to maintain 240 jobs.

“Through these investments, GM continues to strengthen its significant manufacturing presence in Ohio,” said Phil Kienle, GM vice president of North American manufacturing and labor relations, in a company statement. 

The company’s eight-speed rear-wheel-drive transmission will be developed and upgraded through the Toledo investment. The other investment will help prepare the Defiance casting plant for future work containing engine casting components.

A team of 1,700 workers manufactures and assembles GM’s six-speed, eight-speed, and ten-speed rear-wheel-drive and nine-speed front-wheel-drive transmissions at the Toledo facility. Those transmissions are commonly used in a number of Buick, GMC and Chevrolet vehicles.

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