General Motors announced plans to invest more than $90 million to expand its operations in Grant County, Ind., the Indiana Economic Development Corp. announced in a news release Monday (Aug. 22).
GM will invest more than $90 million to update equipment at the Marion Metal Center plant’s existing 2.7 million-square-foot campus at 2400 W. Second St.
With the expansion expected to begin this year, the company will add new cutting-edge equipment to enhance the facility’s process capability and flexibility, requiring new dies, die alterations and cranes that move dies throughout the facility. The new installations are projected to be complete by 2017.
Marion Metal Center provides blanks, stampings and sheet metal assembly for cars, vans, trucks and SUVs to GM assembly plants throughout North America and employs more than 1,400 at the Marion Metal Center.
“This investment in stamping dies and equipment will align Marion Metal Center with GM’s future stamping strategy,” said Dan Hermer, manager of GM North America Manufacturing. “This will enable our team to continue delivering quality to our stamping customers throughout North America.”
The Indiana Economic Development Corporation (IEDC) offered General Motors LLC up to $100,000 in training grants based on the company’s economic development plans. Grant County has approved additional incentives at the request of Grant County Economic Growth Council.
“We are excited to have General Motors demonstrate their confidence in our community’s bright future,” said Marion Mayor Jess Alumbaugh. “We enjoyed the opportunity to collaborate with General Motors, the Indiana Economic Development Corporation and the Grant County Economic Growth Council in making this investment a reality.”