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GM investing $23.5M in Baltimore site

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SpartanDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 01:13 PM
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GM investing $23.5M in Baltimore site
Source: Detroit News

General Motors Co. said today it is investing $23.5 million to boost production of vehicle electrification components on the site of the Baltimore Transmission Plant.

"This will allow us to strengthen our core electrification components expertise," said GM Manufacturing Manager Arvin Jones.

The investments in the site near Baltimore in White Marsh, Md., are due in large part to federal grants received by GM in August 2009 as part of the government's $2.4 billion grant program to boost electric vehicles and battery programs.

The $23.5 million investment will create 11 jobs, GM said.

GM received $105 million in federal grants for construction of U.S. manufacturing capabilities to produce the second-generation GM global rear-wheel electric drive system in White Marsh and in Wixom.

The addition of electric motor production, to begin in 2013, will take place in a separate facility to be built on the same site as the Baltimore plant. The January investment will create about 200 jobs in three states, including Maryland.





Read more: http://detnews.com/article/20100929/AUTO01/9290391/GM-investing-$23.5M-in-Baltimore-site
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Tarheel_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 01:17 PM
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1. Thanks for the uplifting news. Now if we could just get Congress to pass..
legislation that punishes the assholes who offshore, we'll truly be on the upswing. :thumbsup: Rec.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-01-10 08:27 AM
Response to Original message
2. Well, that's good news. nt
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