GM Invests $491B in Metal Stamping Facility for EV Production

    Sept. 16, 2022

    The plant expansion allows the automaker to produce steel and aluminum stamped parts for future products and electric vehicles.

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    Sept. 16, 2022—General Motors intends to invest $491 million to produce more steel and aluminum stamped parts for electric vehicles, reported Reuters. 

    GM will use its Marion Metal Center in Marion, Indiana to install a pair of new press lines, complete press and die upgrades, and expand its facility by 6,000 square feet. 

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