BEDFORD – General Motors Co. (NYSE: GM) has announced plans to invest more than $51 million into its facility in Bedford.
The news of GM’s investment comes less than a year after the company announced a $7 million plan to increase its die casting capabilities at the plant.
The automaker says it will install state-of-the-art equipment to support the manufacture of drive unit castings for the Chevrolet Silverado EV, as well as other existing applications.
Renovation work at the 1 million-square-foot aluminum die casting foundry has already begun. Earlier this year, the 1 million-square-foot site began producing electric drive unit castings for the 2022 GMC Hummer EV Pickup and 2024 GMC Hummer EV SUV. Production of the 2022 GMC Hummer EV Pickup will begin this month at GM’s Factory ZERO assembly plant, located in Detroit and Hamtramck, Mich.
“Our Bedford operation is one of the leading aluminum die casting facilities in the world and this investment is a testament of our confidence in the employees at Bedford,” said Phil Kienle, vice president of North America manufacturing and labor relations for GM. “This investment is another example of the company bringing along our workforce in our journey to an all-electric future while we strengthen our current products.”
The Bedford plant, which opened in 1942, employs nearly 900 workers. GM has not released if any new jobs will be added as a result of this investment.
The all-electric Silverado pickup truck is slated to debut next month at the CES convention in Las Vegas.