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Tuesday, 29 September 2020 21:26

GM Investing $71 Million in Two Ohio Manufacturing Plants

Index

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. The acquisition of Lordstown Motors by DiamondPeak Holdings Corp. is expected to close during the fourth quarter and the company will be listed on the Nasdaq. GM is investing $75 million in the company, which includes the sale of the former Lordstown Assembly plant and production equipment.

 

Toledo Transmission Operations opened in 1916. Plant employees produced truck transfer cases and transmissions for four- and six-wheel-drive military trucks throughout World War II. Today, about 1,700 team members proudly manufacture and assemble GM’s six-speed, eight-speed and 10-speed rear-wheel-drive transmissions and nine-speed front-wheel-drive transmissions that are used in a variety of Chevrolet, Buick, GMC and Cadillac vehicles. Hourly employees are represented by UAW Local 14.

 

Defiance Casting Operations opened in 1948 and currently employs about 580 employees. The first iron was poured at the facility on Aug. 23, 1948. Today, these team members manufacture cylinder block and cylinder head castings for inline-four, V-6 and V-8 engines used in a variety of Chevrolet, Buick, GMC and Cadillac vehicles. Hourly employees are represented by UAW Local 211.

 

Source: GM


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