These General Motors announcements about their $2 billion U.S. investment for 17 facilities in 8 states will just keep on coming. The Detroit automaker announced that it will invest $49 million to purchase tooling and equipment for its Bedford powertrain plant to produce components for a recently announced 8-speed transmission and a future small engine program. The investment will create or keep 91 jobs.
“The all-new 8-speed transmission will improve fuel economy in a number of future vehicles,” GM Manufacturing Manager Arvin Jones said Wednesday. “And, the new gasoline engine, which will be offered in displacements from 1.0 liters to 1.5 liters, is key to fuel economy leadership in the small four-cylinder engine segment.”
The Bedford plant, which opened in 1942, is primarily for building machinery, equipment and special tooling for the current facility. The plant currently has 405 hourly and salaried employees.
– By: Omar Rana