General Motors has announced plans to invest more than $46 million at its Parma, Ohio, metal stamping operation. The investment will be used for equipment upgrades and to prepare the facility to support future product programs.
The Parma facility produces sheet metal stampings and assemblies for multiple GM product programs. The renovation work will begin immediately at the facility.
The investment will also help provide job security for the Parma workforce.
The Parma plant opened in 1948 and has been a longtime leader in metal stamping capabilities.
The Parma Metal Center processes more than 800 tons of steel per day and services or supports the majority of General Motors North America produced vehicles.
The plant has more than 750 total dies and is capable of producing up to 100 million parts per year.
The manufacturing processes include small, medium and large transfer press lines, high speed progressive presses and a world class cut-to-length shear, as well as GM North America’s largest stand-alone, multi-cell, resistance and laser welding metal assembly operations.
The factory has approximately 1,000 employees. Hourly employees are represented by UAW Local 1005.