GM Pouring $75 Million Into Toledo Transmission Plant

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By Matt Posky on February 5, 2021

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General Motors will reportedly be making a $75 million investment into Toledo Transmission later this year. This follows an earlier $39 million investment from GM set aside for the eight-speed rear-wheel-drive transmission, which came as a package deal offering another $32 million for Defiance Casting Operations. 

News broke after an internal memo was sent to United Auto Workers Local 14. According to WTVG/ABC13, the letter states that the latest investment will be used to increase the plant’s production capacity for 10-speed transmission used on the automaker’s full-sized trucks. Tony Totty, president of UAW Local 14, explained that the investment would likely go toward adding a second shift. He also praised the investment as an indirect way to stimulate the local economy and grow the tax base.

“These commitments not only reflect confidence in the TTO team, but also showcases the sense of ownership and pride our employees have in the transmissions we build in Toledo,” he said.

[Image: General Motors]

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