Released on June 8, 2011

General Motors announced it will invest $49 million to purchase tooling and equipment for its Bedford, Ind., diecasting facility.

The powertrain plant will use the new equipment to produce components for a recently announced 8-speed transmission and a future small engine program. The investment is expected to create or retain 91 jobs.

The Bedford improvement is part of a $2 billion U.S. investment package GM rolled out on May 10. The package is intended to benefit 17 facilities in eight states. Since mid-2009, GM has invested $3.4 billion in its manufacturing processes and created or retained 9,000 jobs in the U.S. The Bedford facility received $111 million in April of last year to produce GM’s Generation 5 cylinder heads.

“We appreciate the tremendous support we have received from the Bedford community over the years,” said GM Manufacturing Manager Arvin Jones. “This investment is possible because of the teamwork between GM, the UAW, the IBEW, the Bedford community and the State of Indiana."  

Bedford currently has 405 hourly and salaried employees.