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GM to invest $46.8M for upgrades at Parma Metal Center · Endata

◂ Announcements

Nov 4, 2021INVESTMENTParma, Ohio, United States

GM to invest $46.8M for upgrades at Parma Metal Center

General Motors announced a $46.8 million investment to upgrade its Parma, Ohio metal stamping facility, focusing on press, metal assembly, and aluminum operations. Installation begins immediately and is expected to be completed by spring 2024.

Value

$46.8M

Starts operating

Q2 2024

Status

Announced

Productssheet metal stampingsassemblies

CompaniesGeneral Motors

Sectors#Automotive Components

“The update to the aluminum system is huge because it allows us flexibility at the site to run aluminum and separate between steel and aluminum.”news5cleveland.com

2 sources
news5cleveland.comGM to invest $46.8m for upgrades at Parma Metal CenterClay LePardNov 4, 2021
agmetalminer.comThis Morning in Metals: GM to invest $51M in Indiana aluminum die casting foundry - MetalMinerFouad EgbariaDec 9, 2021

Summarized from public sources; check the original articles before acting on it.

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