General Motors stated it can make investments $45 million at a components plant in Indiana to develop manufacturing of drive unit castings for the forthcoming electrical variations of the Chevrolet Silverado and GMC Sierra full-size pickups.
The automaker stated Friday that the funding at its aluminum die casting plant in Bedford, Ind., will add capability to help what GM anticipates can be robust demand for the electrical vans.
The newest growth follows an funding there of greater than $51 million in 2021, which was used to help manufacturing of drive unit castings for the Silverado EV and different functions. The Bedford plant additionally produces electrical drive unit castings for the 2022 GMC Hummer EV pickup.
“Our Bedford operation is one of the leading aluminum die casting facilities in the world and this additional investment is really an investment in the Bedford team and their commitment to excellence,” Phil Kienle, GM’s vice chairman of North America manufacturing and labor relations, stated in an announcement. “This investment helps build job security for our Bedford team for years to come as we continue to prepare our entire manufacturing footprint for an all-electric future.”
GM stated it has invested greater than $456 million within the Bedford plant since 2011. The 1 million-square-foot facility opened in 1942 and employs near 680 hourly and salaried employees.
The Silverado EV is slated to go on sale in 2023, and the Sierra EV will comply with in 2024. Both pickups can be constructed at GM’s Factory Zero in Detroit.