TOLEDO, OH—General Motors will invest $75 million in its transmission assembly plant here. The investment will increase the plant’s capacity to build 10-speed automatic transmissions that are used in GM’s full-size trucks, including the Chevrolet Silverado and GMC Sierra. Work will begin immediately at the plant.
“Through this investment, we continue to take steps to strengthen our current core business and build on our significant manufacturing presence in Ohio,” says Phil Kienle, GM’s vice president for North America manufacturing and labor relations.
Since 2009, GM has invested more than $3.3 billion in Ohio. Separately, GM and LG Chem formed a joint venture—Ultium Cells LLC—and together are investing more than $2.3 billion to build a new, state-of-the-art battery cell manufacturing plant in Lordstown, OH, that will create more than 1,100 new jobs. Construction of that facility is progressing on schedule.
In 2019, GM paid more than $450 million in taxable wages to employees in Ohio. GM currently has more than 3,800 employees in the state.
In addition, GM has continued its commitment to the Lordstown community by working closely with Lordstown Motors Corp. since May 2019 to support the launch of its Endurance pickup. GM is investing $75 million in the company, which includes the sale of the former Lordstown Assembly plant and production equipment.
The Toledo transmission plant opened in 1916. It produced truck transfer cases and transmissions for four- and six-wheel-drive military trucks throughout World War II. Today, about 1,700 workers manufacture and assemble GM’s six-speed, eight-speed, and 10-speed rear-wheel-drive and nine-speed front-wheel-drive transmissions, which are used in a variety of Chevrolet, Buick, GMC and Cadillac vehicles.