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Valeo Breaks Ground on $225 Million High-Tech Plant in McAllen, Texas, for Software-Defined Vehicle Technology [Yahoo! Finance]

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: Yahoo! Finance
Rendering of front of Valeo McAllen The company is investing $225 million over the next five years for a 337,000 square-foot facility that will create up to 500 new jobs in the region. Production will begin in late 2027. This new U.S. footprint is being built to deliver one of the largest orders in Valeo's history. This is fully aligned with Valeo's "Elevate 2028" strategic plan and supports the industry's transformation toward software-defined vehicles. Valeo McAllen will include production of General Motors' central compute unit, which is a liquid-cooled system powered by next-generation processors. These units process vast amounts of data from multiple sensors and systems to control essential functions. "A software-defined vehicle architecture is a key enabler to dramatically improve the customer experience through faster connectivity, richer entertainment options and more frequent updates," said Kristin Toth, Purchasing Executive Director, Electrical Systems, Software and C Show less Read more
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