GM investing $49M in Bedford plant for eight-speed auto and new four-cylinder production

Filed under: Plants/Manufacturing, GM

General Motors has announced that it plans to invest $49 million in the company's Bedford, Indiana manufacturing facility. The cash will go towards purchasing the tooling and equipment necessary to build a new eight-speed automatic transmission as well as a range of small-displacement engines. GM isn't saying exactly where we can expect to see the new eight-speed auto, but we do know that the engine program will turn out four-cylinder mills from 1.0 to 1.5 liters. You can probably bet that forced induction will be part of that party, too.

The move is part of a greater $2 billion investment program currently underway, with funds headed to a number of plants, including Bowling Green, Arlington, Toledo, Bay City, Flint, Lansing and Warren.

GM says that the Bedford funds will create or retain a total of 91 jobs at the plant, which currently has 405 salaried workers. Hit the jump for the full press release.

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GM investing $49M in Bedford plant for eight-speed auto and new four-cylinder production originally appeared on Autoblog on Thu, 09 Jun 2011 18:29:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2011/06/09/gm-investing-49m-in-bedford-plant-for-eight-speed-auto-and-new/

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