GM to invest $550M in Michigan, Ohio plants to prep for 2027

General Motors is investing $550 million into components plants in Michigan and Ohio to gear up for increased vehicle production in 2027.

GM confirmed to the Detroit Free Press on Nov. 24 that $300 million is slated for Romulus Propulsion Systems to produce 10-speed transmissions for full-size pickups and SUVs. The other $250 million going to Parma Metal Center near Cleveland, Ohio, is to make sheet metal stampings and assemblies.