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General Motors (NYSE:GM) announced an investment of $888 million in its Tonawanda Propulsion plant in Buffalo, New York, marking the company’s largest single investment in an engine manufacturing facility to date.
The investment will cover new machinery, equipment, tools, and renovations to the facility.
The funding will support the production of GM’s sixth-generation small-block V-8 engines, which are primarily used in full-size trucks and SUVs.
“Our significant investments in GM’s Tonawanda Propulsion plant show our commitment to strengthening American manufacturing and supporting jobs in the U.S.,” said Mary Barra, Chair and CEO. “GM’s Buffalo plant has been in operation for 87 years and is continuing to innovate the engines we build there to make them more fuel efficient and higher performing, which will help us deliver world-class trucks and SUVs to our customers for years to come.”
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