GM invests nearly $154M in Lockport Components plant for EV motor components

General Motors announced plans to invest nearly $154 million in its Lockport Components plant in New York to renovate the facility and install equipment for producing stator modules for electric motors used in Ultium Platform-based EVs. The investment is expected to add approximately 230 positions between 2023 and 2026.

“GM's investment in Lockport Components reaffirms our commitment to manufacturing in Western New York and our confidence in this team.”investor.gm.com

• 2 sources
• investor.gm.comGM Investing Nearly $154 Million in Western New York for Production of Electric Motor Components | General MotorsJan 21, 2022
• esd.ny.govGovernor Hochul Announces General Motors to Invest Nearly $154M at Lockport Plant for Production of Electric Motor Components | Empire State DevelopmentJan 21, 2022

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