General Motors announced that it is investing more than $46 million in its Parma, Ohio, metal stamping plant. The money will go towards equipment upgrades to prepare the facility to support future product programs.
“Our Parma operation is a longtime leader in metal stamping capabilities and this investment reflects our confidence in the employees at Parma,” said Phil Kienle, GM vice president of North America Manufacturing and Labor Relations. “This investment will help the Parma team continue producing high quality, sheet metal stampings for a variety of future GM products.”
The plant currently produces sheet metal stampings and assemblies for multiple GM products and has done so since 1948. Processing over 800 tons of steel per day, it supports or services the majority of GM’s North American production facilities.
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With over 750 total dies, the Parma plant is capable of producing up to 100 million parts per year. According to GM, the manufacturing processes include small, medium, and large transfer press lines, high-speed progressive presses, and a world-class cut-to-length shear. It’s also home to GM North America’s largest standalone, multi-cell, resistance and laser welding metal assembly operations.
The Parma plant is currently operated by approximately 1,000 employees, with hourly workers among them represented by UAW Local 1005.
GM says that renovation work on the Parma metal stamping plant will begin immediately. This announcement follows a $6 million investment General Motors made to the plant last year.
