# 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.

- Type: Investment
- Announced: 2022-01-21
- Where: Lockport, New York, United States
- Value: $154.0M
- Jobs: 230
- Status: announced
- Products: stator module for electric motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [General Motors](https://endata.com/companies/4654.md)

## Sources

- [investor.gm.com](https://investor.gm.com/news-releases/news-release-details/gm-investing-nearly-154-million-western-new-york-production/), 2022-01-21: "GM's investment in Lockport Components reaffirms our commitment to manufacturing in Western New York and our confidence in this team."
- [esd.ny.gov](https://esd.ny.gov/esd-media-center/press-releases/governor-hochul-announces-general-motors-invest-nearly-154m-lockport-plant), 2022-01-21: "GM's investment in Lockport reaffirms our commitment to manufacturing in Western New York and our confidence in this team because they will build a crucial module in our electric motor assembly for our future EV trucks and SUVs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.