General Motors has announced plans to spend nearly $500 million to upgrade their facility in Marion, Indiana to support the production of electric vehicles (EVs).
The Marion Metal Center has been in operation since 1956 and currently produces sheet metal parts that are sent to multiple GM assembly plants for Chevrolet, Buick, GMC, and Cadillac vehicles.
With an investment of $491 million the automaker will upgrade the facility to produce stamped steel and aluminum parts for future EV production.
The money will go towards the installation of two new press lines and complete press and die upgrades. The facility will also get renovated and a new 6,000 square foot addition will be added.
GM says the work will begin later this year.
“While this investment prepares the facility for our all-electric future, it’s really an investment in our talented Marion team and will keep the plant working for many years to come. This investment is another example of the company bringing everyone along and investing in the people who make manufacturing a competitive advantage for GM,” said Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability.
GM is also investing significant amounts of money to build new facilities and and upgrade some existing Canadian plants to support EV production.
The company is currently re-tooling the CAMI plant in Ingersoll to allow the facility to production the Brightdrop Zevo 600 and Zevo 400 electric delivery vans.
Work began on that project earlier this year and was slated to be complete by September, with employees returning in October to get trained on the new equipment.
The automaker is also partnering with POSCO Chemical to build a factory in Ontario to manufacture materials for battery cathodes.