MARION, Ind. — General Motors is adding almost half a billion dollars to upgrades in their Marion Plant.
Thursday, GM, together with Indiana Governor Eric Holcomb, announced $491 million will go to the investment. Upgrades to the metal stamping plant include two new press lines, upgrades to equipment, and renovations to build a new 6,000-square-foot addition to the plant.
GM says work on the upgrades will start later this year.
“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,” said Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability. “This investment is another example of the company bringing everyone along and investing in the people who make manufacturing a competitive advantage for GM.”
The half a billion dollar investment is part of GM’s push to invest over $16 billion to electric vehicle production across the country to achieve a zero-emission future.
“Indiana is the number one ranked manufacturing production state in America per capita and ranks in the top three for automotive vehicles,” said Indiana Gov. Eric J. Holcomb. “It’s exactly because of investments like GM’s in advanced technology and future-focused solutions that will ensure Indiana will continue to be a leader in tomorrow’s manufacturing, making the products that power and redefine mobility the world over.”
Marion’s GM plant, which opened in 1956, produces the metal parts which are sent to various GM assembly plants into vehicles for Chevrolet, Buick, GMC and Cadillac. No new jobs are expected to be added to the plant from this addition