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General Motors invests $491 million in Marion plant for EV push

General Motors has announced plans for a significant investment in its Marion metal stamping facility in Indiana to help the company boost production of steel and aluminum stamped parts for products, including electric vehicles. The investment is part of GM’s plans to provide “EVs for everyone.”

According to the company, the funds will go toward renovations, a 6,000-square-foot facility expansion, and the purchase and installation of two new press lines and complete press and die upgrades. The renovations will begin later this year.

The Marion Metal Center has been around since 1956 and currently employs upwards of 750 workers. The facility produces sheet metal parts that support production for multiple GM assembly plants and Chevrolet, Buick, GMC, and Cadillac vehicles.

“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,” said Gerald Johnson, the company’s Executive Vice President of Global Manufacturing and Sustainability. “This investment is another example of the company bringing everyone along and investing in the people who make manufacturing a competitive advantage for GM.”

Indiana Governor Eric J. Holcomb (R)

Indiana Gov. Eric J. Holcomb said, “Indiana is the number one ranked manufacturing production state in America per capita and ranks in the top three for automotive vehicles.” The Governor added, “It’s exactly because of investments like GM’s in advanced technology and future-focused solutions that will ensure Indiana will continue to be a leader in tomorrow’s manufacturing, making the products that power and redefine mobility the world over.”

GM’s CEO, Mary Barra, said she is confident the automaker can surpass Tesla in sales by 2025. GM recently reintroduced the Chevy Bolt EV earlier this year and launched the new Chevy Bolt EUV, a small electric SUV. The automaker also revamped its popular Hummer model as the Hummer EV Pickup and SUV. Also in the portfolio are the Cadillac LYRIQ, Chevy Blazer EV, Chevy Silverado EV, and Chevy Equinox EV.

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