GM Investing $1.7 Billion Into Flint Heavy Duty Truck Plants | Automotiv

GM Investing .7 Billion Into Flint Heavy Duty Truck Plants | Automotiv

Photograph: Chevrolet

Basic Motors is planning to speculate over $1 billion to retool and improve two of its manufacturing vegetation in Flint, Michigan. In response to a press release from GM, the transfer is in preparation for the subsequent era of its inner combustion heavy-duty vans.

Of the $1.7 billion earmarked for these two vegetation — $579 million will go to Flint Engine Operations to construct its sixth era of small block V8 combustion engines. (Hey, if it ain’t broke, don’t repair it.) One other $103.5 million will even be spent upgrading a separate  Flint facility that helps truck manufacturing.

In whole, the Flint Meeting will probably be getting a $788 million funding that’ll go towards issues like a physique store constructing growth, basic meeting conveyor growth and new tooling and gear. The Flint Metallic Heart will obtain $233 million for brand spanking new stamping dies in addition to a press refurbishment and new gear.

The investments are supposed to bolster GM’s U.S. manufacturing operations, which cowl over 50 meeting, stamping, propulsion and element plans and elements distribution facilities throughout america, that are important to its Heavy Responsibility pickup gross sales. GM says it noticed a 38 p.c rise in gross sales 12 months over 12 months, promoting about 288,000 HD pickup vans in 2022.

The United Auto Staff have been huge on pushing automakers for extra investments into current vegetation and infrastructure, and this seems to verify that field. Within the interim, Reuters reports that GM is predicted to begin bargaining with the United Auto Staff union for a brand new contract quickly. The 2 sides have till September 14 to succeed in an settlement.

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