Governor Eric J. Holcomb joined local officials and executives of General Motors Co. (NYSE: GM) today in Grant County as the company announced plans to invest $491 million to expand and upgrade its operations in Marion, supporting GM’s electric vehicle (EV) production.
“Indiana is the number one ranked manufacturing production state in America per capita and ranks in the top three for automotive vehicles,” said Gov. Holcomb. “It’s exactly because of investments like GM’s in advanced technology and future-focused solutions that will ensure Indiana will continue to be a leader in tomorrow’s manufacturing, making the products that power and redefine mobility the world over.”
“We’re incredibly grateful for the long partnership between Indiana and GM and for their contribution to Indiana’s record-breaking year for committed investment in the state,” said Indiana Secretary of Commerce Brad Chambers. “Today’s announcement illustrates not just a renewed commitment to the state, but a shared vision for building the economy of the future.”
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 2.7 million-square-foot campus, adding an additional 6,000 square feet to accommodate increased operations and support GM’s plan to build one million EVs by 2025.
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