Making the middle class great again….
General Motors (NYSE:GM) will spend $491 million at its Marion, Indiana metal stamping operations to prepare for making steel and aluminum parts for future products, including electric vehicles, built at multiple GM assembly plants.
The announcement was made yesterday as President Biden was in Detroit saying: “American manufacturing is back. Detroit is back. America is back. And, folks, we’re proving it’s never, ever, ever a good bet to bet against the American people. Never, never, never.” … “And, by the way, American manufacturing is roaring back. Just since I’ve been in office, we’ve already created 10 million new jobs – more jobs in that time period than any time in American history. (Applause.) The unemployment rate is 3.7%, near a 50-year low… Guess what? First year in office, we reduced the deficit by $350 billion. (Applause.) And guess what? This year – this year, we’re on track, at the end of the fiscal year, to reduce the deficit by over $1 trillion.” Biden certainly had valid points.
The GM shareholder money will be used to purchase and install two new press lines, press and die upgrades, for renovations and construction of ~6,000-square-foot addition. Work on the facility will begin later in 2022.
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. Marion currently employs more than 750 team members and employment is expected to remain stable with the addition of this new work in the plant.
“This investment is another example of the company bringing everyone along and investing in the people who make manufacturing a competitive advantage for GM,” claimed Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability.
“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,” said Ray Curry, UAW president.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
GM – $491M Goes to Indiana For EV Parts Making
Making the middle class great again….
General Motors (NYSE:GM) will spend $491 million at its Marion, Indiana metal stamping operations to prepare for making steel and aluminum parts for future products, including electric vehicles, built at multiple GM assembly plants.
The announcement was made yesterday as President Biden was in Detroit saying: “American manufacturing is back. Detroit is back. America is back. And, folks, we’re proving it’s never, ever, ever a good bet to bet against the American people. Never, never, never.” … “And, by the way, American manufacturing is roaring back. Just since I’ve been in office, we’ve already created 10 million new jobs – more jobs in that time period than any time in American history. (Applause.) The unemployment rate is 3.7%, near a 50-year low… Guess what? First year in office, we reduced the deficit by $350 billion. (Applause.) And guess what? This year – this year, we’re on track, at the end of the fiscal year, to reduce the deficit by over $1 trillion.” Biden certainly had valid points.
The GM shareholder money will be used to purchase and install two new press lines, press and die upgrades, for renovations and construction of ~6,000-square-foot addition. Work on the facility will begin later in 2022.
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. Marion currently employs more than 750 team members and employment is expected to remain stable with the addition of this new work in the plant.
“This investment is another example of the company bringing everyone along and investing in the people who make manufacturing a competitive advantage for GM,” claimed Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability.
“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,” said Ray Curry, UAW president.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.