GM Invests $491B in Metal Stamping Facility for EV Production
Sept. 16, 2022
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.