Kaptur Statement After GM Announces $71 Million Investment In Northern Ohio Auto Plants
Toledo, OH – Today, Congresswoman Marcy Kaptur (D-OH), Co-Chair of the Congressional Auto Caucus, released the following statement after General Motors (GM) announced it would invest $71 million in two northwest Ohio manufacturing plants, with $39 million to be invested at the Toledo Transmission plant and $32 million at the Defiance casting plant. The $39 million being invested at Toledo Transmission will be used to upgrade and enhance production of the their 8-speed automatic transmission for use in a variety of Chevrolet, Buick, GMC and Cadillac rear-wheel-drive vehicles. The $32 million being invested at the Defiance plant will be used to prepare the facility for the casting of future engine components. GM says the moves allow the automaker to retain 240 jobs.
“General Motors’ new investment in northwest Ohio’s world-class automotive manufacturing capabilities and workforce is welcome news,” said Rep. Kaptur. “Since the early 20th century, Toledo Transmission has been manufacturing among the highest quality drivetrain components available on the market. In northern Ohio, we are deeply proud of our automotive heritage. Continued investment in our workers, products, and facilities help to keep Ohio on the cutting edge of the worldwide automotive production market. Going forward, I will continue my fight to ensure that our workers receive the respect and dignity they deserve while helping our plants to thrive in a competitive market. The development of more efficient 8 and 10-speed automatic transmissions are proof that we are leading the way in innovation and production. As the automotive landscape continues to evolve, I’m confident plants like Toledo Transmission will lead the way.”