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GM Puts $40M into Pontiac Stamping Plant

The investment will be used to renovate the existing facility to support future electric vehicle production.

General Motors announces plans to invest $40 million at its Pontiac Stamping Plant.
General Motors announces plans to invest $40 million at its Pontiac Stamping Plant.
GM

PONTIAC, Mich. โ€“ On Friday, General Motors announced plans to invest $40 million at its Pontiac Stamping Plant. The investment will be used to renovate the existing facility, and install new, highly flexible fabrication machinery and presses to support future electric vehicle production and various product applications.

Renovation work will begin immediately. GM anticipates the investment will create 20 new positions.

The โ€œFlex Fabโ€ sheet metal fabricating technology will enable repeatable, custom and precise stamping, reducing costs for low-volume applications. Flex Fab will require little or no additional tooling investments to fabricate new stampings for future products.

Pontiac Stamping currently employs 191 hourly and 31 salaried employees. The hourly workforce is represented by UAW Local 653. The plant began production in 1926 as part of the Oakland Motor Car Company and became part of the Pontiac Motor Division in 1932.


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