Tag: invest

General Motors will invest $ 75 million in its Toledo, Ohio transmission plant. The automaker will use the investment to increase the plant's capacity to build the 10-speed automatic transmissions currently used by Chevrolet Silverado and GMC Sierra. "With this investment, we continue to take steps to strengthen our current core...

TOLEDO, Ohio (WTVG) - General Motors is reported to make a significant investment in Toledo's auto industry in 2021. According to an internal letter from the management of Toledo Transmission and United Auto Workers Local 14, the automaker has announced a $ 75 million investment in Toledo Transmission...