GM Investing $71 Million in Two Ohio Manufacturing Plants
DETROIT—General Motors plans to invest $71 million in two Ohio manufacturing facilities, including $39 million at its Toledo transmission plant and $32 million at its Defiance casting plant. Work will begin immediately at the two locations. These investments will enable GM to retain 240 U.S. manufacturing jobs.
The Toledo investment will be used to upgrade and enhance production of GM’s eight-speed rear-wheel-drive transmission, and the Defiance investment will be used to prepare the facility for future engine casting components work.