# GM invests $491M in Marion metal stamping facility for EV production

General Motors will invest $491 million to boost production of steel and aluminum stamped parts for future products, including electric vehicles, at its Marion metal stamping facility in Indiana. The investment includes new press lines, upgrades, and a 6,000-square-foot expansion.

- Type: Investment
- Announced: 2022-09-15
- Where: Marion, Indiana, United States
- Value: $491.0M
- Status: announced
- Products: steel and aluminum stamped parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [reuters.com](https://www.reuters.com/business/aerospace-defense/gm-invest-491-mln-marion-metal-center-help-ev-production-2022-09-15/), 2022-09-15: "GM to invest $491 mln on metal stamping facility to help EV production"

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