GM to invest $90.9 million at Marion Metal Center
General Motors Co. said Monday that it will invest $90.9 million into its Marion Metal Center in Marion, Indiana, to boost the plant’s capability and flexibility.
The Detroit automaker said $82.5 million will be spent on new dies, $5.9 million in die alteration and $2.5 million for new cranes that move the dies throughout the plant.
The facility, which began operating as Fisher Body in 1956, employs more than 1,600 workers. A GM spokeswoman said the investment would retain 120 jobs.
“This investment upgrades equipment and technologies while helping UAW members to continue providing quality stamped parts, assemblies, blanks and specialized die services to GM plants throughout North America,” UAW Vice President Cindy Estrada said in a statement. “The upgrades also improve the plant’s competitiveness, which in turn helps members continue to support their families and communities and the state of Indiana.”
The investment is not part of any financial commitments the company made as part of its negotiations with the UAW last year, nor is it part of the $5.4 billion GM announced last year it would spend over three years at U.S. facilities.