GM Announces a $46 million Investment at its Parma Metal Stamping Plant

(Cleveland, OH) - General Motors is looking to make big upgrades in Northeast Ohio. 

The automaker on Thursday announced a more than $46 million investment at its metal stamping plant in Parma. A release from GM says the money will upgrade equipment and get the operation ready to handle future products with renovations to begin immediately. 

"The investment will be used for equipment upgrades and to prepare the facility to support future work. Parma has been a long-time facility for GM. they do great work," GM Corporate Spokesperson told WTAM 1100.

GM says the Parma Metal Center processes over 800 tons of steel per day and supports the majority of GM North America’s production needs. About a thousand people are employed there, and GM says this multi-million dollar investment will provide job security. 

The Parma plant opened in 1948. 

(Copyright, iHeartMedia 2021)

Sponsored Content

Sponsored Content