General Motors Co. in Detroit announced plans to invest more than $46 million at its Parma, Ohio metal stamping operation.
The investment will be used for equipment upgrades and to prepare the facility to support future product programs while also providing job security for the workforce. Parma produces sheet metal stampings and assemblies for multiple GM product programs. The renovation is scheduled to begin immediately.
“Our Parma operation is a longtime leader in metal stamping capabilities and this investment reflects our confidence in the employees at Parma,” says Phil Kienle, vice president of North America manufacturing and labor relations at GM. “This investment will help the Parma team continue producing high quality, sheet metal stampings for a variety of future GM products.”
The plant opened in 1948 and has been a longtime leader in metal stamping capabilities. It can process more than 800 tons of steel per day and services or supports the majority of GMs North America produced vehicles under the Chevrolet, Cadillac, Buick, and GMC brands.
It has more than 750 total dies and can produce up to 100 million parts per year. It employs approximately 1,000 people represented by UAW Local 1005.
Manufacturing processes include small, medium, and large transfer press lines, high speed progressive presses, and a cut-to-length shear, as well as the company’s largest standalone multi-cell resistance and laser welding metal assembly operations.