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0.000413736036408787 0.000965384084953705 0.00165494414563515 0.00179285615777128 0.00220659219418007 0.00786098469176656 0.00786098469176656 0.0121362570679906
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General Motors invests $550 million to boost SUV and pickup production [USA TODAY]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: USA TODAY
All of GM's recent production changes have been geared towards streamlining and consolidating its vehicle production in the U.S. General Motors is investing $550 million into components plants in Michigan and Ohio to gear up for increased vehicle production in 2027. GM confirmed to the Detroit Free Press, part of the USA TODAY Network, on Nov. 24 that $300 million is slated for Romulus Propulsion Systems to produce 10-speed transmissions for full-size pickups and SUVs. The other $250 million going to Parma Metal Center near Cleveland, Ohio, is to make sheet metal stampings and assemblies. The investment in Parma is expected to create 100 jobs, according to GM spokesman Kevin Kelly, though no increase in employment is expected for Romulus. In particular, the latest investments support production of the Cadillac Escalade, Chevrolet Silverado and GMC Sierra at Orion Assembly in Michigan as well as the Chevrolet Equinox and the Chevrolet Bolt EV at Fairfax Assembly in Kansas. M Show less Read more
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