General Motors is investing $40 million at its Pontiac stamping plant to renovate the existing facility and install new highly flexible fabrication machinery and presses. These initiatives will help the company to support future electric vehicle production and various product applications.
The company said that the renovation work will begin immediately and it will create additional 20 new positions.
Pontiac stamping began production in 1926 as part of the Oakland Motor Car Company and became part of the Pontiac Motor Division in 1932.
Flex Fab - the flexible fabrication technology will enable repeatable, custom and precise stamping, reducing costs for low-volume applications. Flex Fab will require little or no additional tooling investments to fabricate new stampings for future products, the company said.
Phil Kienle, Vice President, North America Manufacturing and Labor Relations, GM, said, 'This investment will bring the latest in flexible, sheet metal fabrication technology to the Pontiac team. Our manufacturing capabilities create a competitive advantage for GM, and I am confident the team at Pontiac Stamping will continue delivering excellence in all areas of the business as they deploy this new equipment.'