General Motors plans to spend $70m at its Tonawanda, New York engine plant and $6m at the Parma, Ohio metal stamping plant.
These two manufacturing-related investments support "continued strong customer and dealer demand for GM's Chevrolet Silverado and GMC Sierra pickups", the automaker said in a statement.
Go deeper with GlobalData
The Tonawanda investment will be used to increase capacity on the engine block machining line and the Parma investment will be used to construct four new metal assembly cells to support increased truck production volumes.
"GM continues to invest to strengthen our core business and respond to growing customer demand for our full-size pickups," said Phil Kienle, GM VP of North America manufacturing and labour relations.
"Our Tonawanda and Parma teams are dedicated to building world class products for our customers and these investments reflect our confidence in these teams."
Tonawanda produces V6 and V8 engines with 1,300 employees.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataParma processes 800 tons of steel per day and services and supports approximately 35 customers, including the majority of General Motors North America produced vehicles.
It has over 750 dies and is capable of producing up to 100m parts per year. The manufacturing processes include small, medium and large transfer press lines, high speed progressive presses, and a cut to length shear, as well as GM North America's largest stand alone, multi cell, resistance and laser welding metal assembly operations. Parma employs approximately 1,000.
