GM plans $491M Indiana plant upgrade to help support EVs

Sep 15, 2022, 9:34 AM | Updated: 9:39 am

DETROIT (AP) — General Motors said Thursday it will spend $491 million to expand and upgrade an Indiana metal stamping plant for production of steel and aluminum stamped parts for “future vehicles,” including electric vehicles.

The automaker said it would install two new press lines, complete press and die upgrades and make renovations to the Marion, Indiana, plant, where a roughly 6,000-square-foot (557.4-square-meter) addition also is planned.

GM said work would begin later this year to prepare the Marion plant “to produce a variety of steel and aluminum stamped parts for future products, including electric vehicles, built at multiple GM assembly plants.”

News of the Marion project comes as GM is working to strengthen its foothold in the electric vehicle market.

“While this investment prepares the facility for our all-electric future, it’s really an investment in our talented Marion team and will keep the plant working for many years to come,” Gerald Johnson, GM’s executive vice president of global manufacturing, said in a news release.

GM’s Marion Metal Center opened in 1956 about 50 miles (80.5 kilometers) northeast of Indianapolis. The plant currently produces sheet metal parts for multiple GM assembly plants to support production of Chevrolet, Buick, GMC and Cadillac vehicles.

The plant employs more than 750 people. GM said its employment is expected to remain stable “with the addition of this new work in the plant.”

The Indiana Economic Development Corporation has proposed providing GM with up to $12 million in conditional tax credits and up to $500,000 in training grants, among other incentives, based on the company’s plans. That funding must be approved by the IEDC’s board of directors.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Ukrainian soldiers sit on an armoured vehicle as they drive on a road between Izium and Lyman in Uk...
Associated Press

Live Updates: Russia-Ukraine War

KYIV, Ukraine — Ukraine’s presidential office says that at least five civilians have been killed and eight have been wounded by the latest Russian shelling. A statement on Wednesday says Russian troops used six Iranian suicide drones to strike the town of Bila Tserkva in the Kyiv region, leaving one person wounded. The strikes were […]
3 hours ago
Associated Press

Lebanese lawmaker demands trapped bank savings

BEIRUT (AP) — A Lebanese parliamentarian on Wednesday entered a bank branch near Beirut, demanding some of her trapped savings to cover medical expenses. Cash-strapped Lebanon in recent weeks has witnessed a surge in depositors storming bank branches to forcefully withdraw their locked savings as the country’s economy continues to spiral. On Tuesday, depositors stormed […]
3 hours ago
European Commission President Ursula von der Leyen speaks during a commission on Russia's escalatio...
Associated Press

Top EU official vows to ‘stress test’ pipelines after leaks

BRUSSELS (AP) — The head of the European Union’s executive arm vowed Wednesday to introduce checks on key EU infrastructure, including energy, after the suspected sabotage of natural-gas pipelines in the Baltic Sea. European Commission President Ursula von der Leyen said the damage last week to the Nord Stream pipelines linking Russia and Germany has […]
3 hours ago
FILE - An Afghan refugee boy carries a bag of mangoes on his shoulder in Karachi, Pakistan, Sunday,...
Associated Press

Amnesty: Creditors should provide debt relief to Sri Lanka

COLOMBO, Sri Lanka (AP) — International creditors should provide debt relief to Sri Lanka to alleviate suffering as its people endure hunger, worsening poverty and shortages of basic supplies, Amnesty International said in a statement Wednesday. For months, Sri Lanka has been in the grip of a dire economic crisis and the country has defaulted […]
3 hours ago
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of...
Associated Press

OPEC+ weighs large oil cutback to boost sagging prices

FRANKFURT, Germany (AP) — The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships to the global economy — a move that could help Russia weather a looming European ban on oil imports and raise gasoline prices for U.S. drivers just ahead of national […]
3 hours ago
Associated Press

Pakistan’s army chief meets with US defense secretary

ISLAMABAD (AP) — Pakistan’s powerful military chief met Wednesday in Washington with U.S. Defense Secretary Lloyd Austin and other security and government officials, the military said. Qamar Javed Bajwa’s trip to the United States comes weeks before he’s expected to retire after an extended six-year tenure. Although Pakistan has been ruled by the elected civilian […]
3 hours ago

Sponsored Articles

...
Children’s Cancer Network

Children’s Cancer Network celebrates cancer-fighting superheroes, raises funds during September’s Childhood Cancer Awareness Month

Jace Hyduchak was like most other kids in his kindergarten class: He loved to play basketball, dress up like his favorite superheroes and jump as high as his pint-sized body would take him on his backyard trampoline.
...
SCHWARTZ LASER EYE CENTER

Key dates for Arizona sports fans to look forward to this fall

Fall brings new beginnings in different ways for Arizona’s professional sports teams like the Cardinals and Coyotes.
...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
GM plans $491M Indiana plant upgrade to help support EVs