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GM investing $325 million at MI plant for electric vehicle component production

General Motors has announced that it will invest $325 million to support new electric vehicle component production at its plant in Warren, Michigan. Currently, the plant’s 679 employees build transmissions for the Lambda family of crossovers – the Chevrolet Traverse, Buick Enclave and GMC Acadia – as well as the Chevrolet Malibu sedan. This new investment is expected to create or retain 418 jobs.

In its official statement, GM is vague about saying exactly what will be produced at the Warren facility. According to manufacturing manager Gerald Johnson:

“While we aren’t sharing many details about this product, I can tell you that this investment demonstrates how GM, working with our UAW partners, continues to innovate and bring new electrification solutions to our customers.”

As of this writing, timing of the new project has not been disclosed. Hit the jump for GM’s official release.

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GM Announces $325 Million Plant Investment in Michigan

Tooling and equipment installation at Warren Transmission creates and saves 418 jobs

2011-10-21

WARREN, Mich. – General Motors said Friday it will invest $325 million in tools and equipment to support production of future electric vehicle components, creating or retaining 418 jobs.

Timing for the project was not disclosed. The plant in suburban Detroit has 679 total employees, most of whom produce transmissions for the Chevrolet Traverse, Buick Enclave and GMC Acadia crossovers and the Chevrolet Malibu sedan.

“This investment in the future recognizes the excellent work force and operation of this plant,” said GM Manufacturing Manager Gerald Johnson. “While we aren’t sharing many details about this product, I can tell you that this investment demonstrates how GM, working with our UAW partners, continues to innovate and bring new electrification solutions to our customers.”

The 2.1 million square-foot plant, equivalent to the area of 15 city blocks, produced more than 338,000 transmissions in 2010.

“We are very proud of the membership of UAW Local 909 whose hard work and dedication to building quality products is why this new electric drive unit module is being built in the United States,” said Joe Ashton, UAW vice president representing the GM Department. “These good paying, middle class jobs are very important for the State of Michigan and the Metro Detroit area. It is the UAW’s goal to increase employment at GM and show the world that we can compete with anyone.”

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world’s largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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