Despite Lordstown layoffs, GM announces big investment in Parma

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

general motors generic

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.

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s