General Motors Co. (NYSE: GM) announced today an $18 million investment in its Parma Metal Center for 2020 to upgrade the plant’s press systems and prepare it for future product program opportunities. The investment builds upon commitments the company announced in May, which expanded production of stamped parts and the deployment of laser cell welding technology at the facility.
“These press system improvements will strengthen Parma’s portfolio of precision sheet metal stampings and assemblies for multiple GM product programs,” said Plant Director Mark Pervine. “This comes as a direct result of joint teamwork with UAW Local 1005 leadership and will help support our business as well as our community.”
Al Tiller, UAW Local 1005 chairman added, “This investment is a reflection of the hard work by our members and is good for the future of Parma.”
General Motors Commitment to Ohio
Ohio and its highly-capable workforce are playing a key role in the growth of GM’s core business and its journey towards a world with zero emissions.
- In May 2019, GM announced manufacturing investments in Ohio totaling approximately $700 million to expand operations and create approximately 450 jobs. Along with Parma, it included investments in the DMAX plant in Moraine for expanded diesel engine production and at Toledo Transmission for the expansion of production of the company’s all-new 10-speed automatic transmission.
- In November 2019, GM and Isuzu announced a $175 million investment through its DMAX joint venture to build an all-new, diesel engine components plant in Brookville to support the growing strength of GM’s all-new 2020 Chevrolet Silverado and GMC Sierra heavy-duty pickups. The new 251,000 square-foot facility will expand the production of critical engine components for the company’s current DMAX diesel engine manufacturing operation in Moraine and will create more than 100 new manufacturing jobs at the Brookville site.
- GM and LG Chem announced in December plans to mass-produce battery cells for future battery-electric vehicles. Together, the companies will invest up to a total of $2.3 billion through a new, equally-owned joint venture company. The JV will establish a battery cell assembly plant on a greenfield manufacturing site in the Lordstown area of Northeast Ohio that will create more than 1,100 new jobs.
GM Parma Metal Center began operations in 1948 and processes more than 500 tons of steel per day. The plant services and supports approximately 40 customers including the majority of General Motors North America-produced vehicles. Parma has more than 1,150 total dies and can produce up to 100 million parts per year. Manufacturing processes include small, medium and large transfer press lines, high speed progressive presses, and a world-class cut-to-length shear, as well as GM North America’s largest stand-alone, multi-cell, resistance and laser welding metal assembly operations.
Parma Metal Center employs more than 1,100 people and the hourly workforce is represented by UAW Local 1005.
SOURCE: General Motors
