GM to invest $494 million to produce next-generation Ecotec, will create 550 jobs
General Motors announced today that it will invest close to $500 million to produce the next generation fuel-efficient Ecotec engines. The move is expected to create nearly 550 jobs at three U.S. plants. GM said the investment will include facility renovation, new machinery, equipment and special tooling to support this engine
“GM is transforming its product portfolio to reduce fuel consumption and emissions, and the next generation Ecotec engine is an integral part of that transformation,” said Denise Johnson, vice president ““ labor relations. “The investment in state-of-the-art four-cylinder engines is another example of GM”s commitment to replace larger-displacement engines with more compact, advanced four-cylinder engines that optimize fuel savings and performance. We look forward to working with our union partners at these three plants to make this investment a success.”
The biggest chunk of the investment will go into Tonawanda, New York, for a total of $425 million creating up to 470 jobs. Defiance, Ohio, will see an investment of $59 million, while Bay City, Michigan, will get $10.5 million.
GM said that for “competitive reasons, specifics about the engine capabilities as well as product applications will be shared at a later date.”
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GM To Invest $494 Million In U.S. Manufacturing For Next-Generation Ecotec Engines
– Three plants involved in project: Tonawanda, NY; Defiance, OH and Bay City, MI
– Project results in nearly 550 jobs
– Next generation Ecotec engines will continue to provide the right combination of fuel efficiency and performance to meet customer expectations
* Tonawanda — $425 million site investment will add capacity for the next generation Ecotec engine at 370,000 per year and bring about 470 jobs to that community
* Defiance ““ $59 million site investment will support precision sand cast block at a capacity of 188,000 annually and result in about 80 jobs to that community
* Bay City ““ $10.5 million site investment will bring new product to the plant (Ecotec connecting rod) and will create about 15 jobs for that plant.
– By: Kap Shah
