Marion GM plant to see $500M upgrade to help make electric vehicles

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Marion GM plant to see $500M upgrade to help make electric vehicles

General Motors is investing nearly $500 million into the metal stamping plant in Marion, so it can make parts for GMs new electric vehicle fleet.

www.wfyi.org

GM to invest nearly $500M in Marion plant for EV production

GM’s investment in its Marion Metal Center plant, which provides blanks, stampings and sheet metal assembly to GM assembly plants throughout North America, will be used to renovate and expand its 2…

fox59.com

GM to invest nearly $500M to support EV production in Marion - Inside INdiana Business

General Motors Co. (NYSE: GM) is planning to invest $491 million to expand and upgrade operations at its Marion Metal Center, the company announced Thursday. The investment will add 6,000 square feet, as well as new and upgraded equipment, but no new jobs.

www.insideindianabusiness.com

 

[Creedmoor]

Have they signed the next contract yet?

 

[Bosshoss]

Great news.
Wife and I retired from there.

 

[Twangbanger]

6,000 square feet and no new jobs? Wow, that's a heckuva investment per square foot!

 

[d.kaufman]

 

[wtburnette]

Too bad. Sorry to see the artificial market for these things driving company investment like this. Our electrical grid isn't ready for these and won't be any time soon. Feds have no plan to make it ready, despite what they say. We need the government to get their thumb off the scale and let the market determine if EV's are wanted.

 

[femurphy77]

So are they going to put two conductors down the middle of the road to make the cars work since it's stated that current battery technology can't support the EV's we have now?

 

[gregkl]

6,000 square feet and no new jobs? Wow, that's a heckuva investment per square foot!

6,000 sq. feet doesn't sound right to me. That's a large house. And yes, that is a huge investment per square foot.

 

[gregkl]

So are they going to put two conductors down the middle of the road to make the cars work since it's stated that current battery technology can't support the EV's we have now?

View attachment 224480

I loved racing slot cars when I was a kid. Both the 1:24 and HO cars.

 

[Pepi]

All these electric cars and an old electrical grid that can't support them. Like building a house and then sticking a foundation under it. Stupid liberal

 

[GodFearinGunTotin]

If you’re an employee of that plant, this is good news. If you’re being included in the new product plans of the company, it‘s better than the alternative. Sadly though, GM is neck-deep in the ESG movement. My thoughts on the EV craze have already been stated, probably a couple times now. EVs get you points on your ESG score if you’re an auto manufacturer.

 

[Creedmoor]

6,000 sq. feet doesn't sound right to me. That's a large house. And yes, that is a huge investment per square foot.

Some of the monster old stamping presses are being replaced with these upgrades.
Lots of empty space in that plant, its a shell of what it once was.

 

[Ark]

Still don't know where they think they're gonna find all this lithium.

 

[MRockwell]

Still don't know where they think they're gonna find all this lithium.

Where in the galaxy will we mine lithium?

Lithium plays a key role in modern technology. Astronomers weigh in on where to find it beyond Earth.

www.sciof.fi

 

[Ingomike]

Where in the galaxy will we mine lithium?

Lithium plays a key role in modern technology. Astronomers weigh in on where to find it beyond Earth.

www.sciof.fi

Many sheeple think that the billionaire space race is fun and games of those with too much money. Nope! They are racing to space to get raw materials and become the first trillionaire…

 

[Pepi]

Where in the galaxy will we mine lithium?

Lithium plays a key role in modern technology. Astronomers weigh in on where to find it beyond Earth.

www.sciof.fi

Plenty in some people's medician cabinets

 

[tmschuller]

Some of the monster old stamping presses are being replaced with these upgrades.
Lots of empty space in that plant, its a shell of what it once was.

They just took one out ..impressive equipment to pick up and carts to move it out. Huge excavator with a shear on it to cut the metal. The plans of more coming out and major changes with new presses for aluminum and also with lines added/expanding. 4 new smart cranes for the dies moving.
They are adding the square footage for production and support of production not building on to the plant.

 

[Creedmoor]

They just took one out ..impressive equipment to pick up and carts to move it out. Huge excavator with a shear on it to cut the metal. The plans of more coming out and major changes with new presses for aluminum and also with lines added/expanding. 4 new smart cranes for the dies moving.
They are adding the square footage for production and support of production not building on to the plant.

Yep. She took some videos of some of the work. I'll have to watch them.
I got to walk most of that plant a few weeks ago with family day. Lots of changes since I worked on some of the escalators 20 years ago.

 

[tmschuller]

I worked that day and my wife had booth at the welcome center for our horse rescue.

 

[Creedmoor]

I worked that day and my wife had booth at the welcome center for our horse rescue.

It was time well spent for me, somehow I ended up with her shirt.