GM Investing $75 Million in Toledo Transmission Plant
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.