Despite Lordstown layoffs, GM announces big investment in Parma

GM is also investing in its Parma Metal Center for new product programs

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PARMA, Ohio (WKBN) – General Motors announced it is investing $218 million at its Parma facility for future product programs.

The investment is for the installation of two new progressive presses, dies and sub assemblies at the Parma Metal Center.

GM is also investing a total of $334 million at three New York plants.

“GM remains committed to investing in its U.S. operations. With these latest projects, we have announced investments of $2.2 billion in 2016, allowing us to support the production of future engines and vehicles,” said Cathy Clegg, GM North America manufacturing and labor relations vice president.

The announcement comes two months after layoffs announced at GM’s Lordstown Complex, where it is suspending its third shift. The company said the layoffs were a result of a shift in customers’ buying habits from small cars to trucks and crossovers.

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