GM Investing in $154 Million In Western New York and $6.5 Billion In Michigan EV Plant
- General Motors (NYSE:GM) is expected to announce plans next Tuesday to spend $6.5B in two new electric vehicle and battery factories in Michigan, creating as many as 4,000 jobs, the Associated Press reports.
- In addition to GM's planned partnership with LG Energy to build a $2.5B battery plant in Lansing, AP reports GM plans to spend $4B by designating an existing plant in Orion Township as its third electric vehicle factory, along with plants in Detroit-Hamtramck and Spring Hill, Tenn.
- Electric motor stator module built at GM Lockport Components plant will help power future Ultium Platform-based electric truck and SUV products
- Investment another example of GM bringing U.S. workforce along on journey to all-electric future
LOCKPORT, N.Y. – General Motors announced today plans to invest nearly $154 million in its Western New York Lockport Components plant. The investment will be used to renovate the facility and purchase and install new machinery and equipment used in the production of the stator module, a key component in an electric motor. Electric motors will be used in a variety of GM’s future Ultium Platform-based electric trucks and SUVs. Facility renovations will begin immediately.
As Lockport Components prepares for electric motor component production, the facility will continue to build a variety of components that support GM's current truck and SUV production. Lockport Components currently produces radiators, condensers, heater cores, evaporators, HVAC modules, oil coolers and other components used in a variety of GM trucks. GM currently estimates Lockport Components will add approximately 230 positions between 2023 and 2026. Actual staffing plans will be finalized closer to the start of production as the facility transitions to support EV motor component production.
“GM’s investment in Lockport Components reaffirms our commitment to manufacturing in Western New York and our confidence in this team. They will build a crucial module in our electric motor assembly for our future electric trucks and SUVs," said Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability. "This is an excellent example of how we are bringing our workforce along on the journey to an all-electric future while we scale our EV production capacity and maintain a flow of parts for our current vehicles."
Lockport Components was founded in 1910 as the Harrison Radiator Company for the purpose of designing, manufacturing, and selling automotive radiators and components. With more than 1,500 employees, the site is focused on continuous improvement through a joint team process between UAW Local 686, Local 55 and plant management.
General Motors is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com.