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GM Investing $332 Million for New Fuel-Efficient Powertrains

April 04, 2013

This map show's GM's investments to build new powertrains. Image courtesy GM.
This map show's GM's investments to build new powertrains. Image courtesy GM.

General Motors is investing close to $332 million at four of its manufacturing sites in order to build new, more fuel-efficient powertrains. These new powertrains include a new V-6 engine, an eight-speed transmission, and tooling for an existing six-speed transmission. The GM plants receiving this investment are in Flint and Bay City, Mich.; Toledo, Ohio, and Bedford, Ind.

The automaker is also investing $46 million more (bringing the total to $646 million) in its powertrain plants in Romulus and Saginaw, Mich., to support production of the new V-6 engine. According to GM, these combined investments will retain roughly 1,650 jobs at the six facilities.

At the Flint Engine Operations plant, $215 million is going to production of a new small Ecotec gasoline engine, which is part of a new engine family that includes 3- and 4-cylinder variants with displacements ranging from 1.0 to 1.5 liters. GM said it will provide details on the variants the plant will build at a later date. The plant is also upgrading its tooling for the current version of the V-6 it produces.

At the Toledo Transmission Operations plant, GM is investing $55.7 million to increase capacity and tooling to build an all-new eight-speed automatic transmission and for an existing six-speed. GM said the all-new eight-speed will be used in a number of GM vehicles by the end of 2016.

Next, the automaker is investing $31.7 million in its Bay City Powertrain plant, including $19.2 million to produce components for a new V-6 engine and $12.5 million for the small Ecotec gasoline engine mentioned previously.

Lastly, the automaker is investing $29.4 million in the Bedford Castings plant, including $19 million to build components for the small gas engine and $10.4 million to produce components for the new eight-speed and existing six-speed transmissions.

For the $46 million at the Saginaw plant, the automaker is spending $41 million to build castings for the new V-6, and at the Romulus Engine Operations plant, GM is spending $5 million for the new V-6 engines.

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