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<blockquote data-quote="Weather Man" data-source="post: 16576643" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3661342-gm-to-invest-in-plants-to-keep-up-with-demand-for-pickups" target="_blank">GM to invest $100M in plants to keep up with demand for pickups</a></p><ul> <li data-xf-list-type="ul">General Motors (<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a> -2.9%) says it will invest <a href="https://www.cnbc.com/2021/02/11/general-motors-invests-100-million-in-two-us-plants-to-boost-transmission-production-.html" target="_blank">$100M</a> in two U.S. manufacturing plants to boost production of 10-speed automatic transmissions found in two of its popular pickups.</li> <li data-xf-list-type="ul">The automaker is investing $93M in a plant in Romulus, Michigan to increase machining capability and $7M in a Bedford, Indiana plant for increased die casting metal capabilities.</li> <li data-xf-list-type="ul">The investments are aimed at boosting production of transmissions for Chevrolet Silverados and GMC Sierra pickups amid increased demand.</li> <li data-xf-list-type="ul">Trending topic in auto today: <a href="https://seekingalpha.com/news/3661247-the-electric-vehicle-revolution-needs-battery-cell-capacity-to-keep-up" target="_blank">The electric vehicle revolution needs battery cell capacity to keep up</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16576643, member: 137766"] [URL='https://seekingalpha.com/news/3661342-gm-to-invest-in-plants-to-keep-up-with-demand-for-pickups']GM to invest $100M in plants to keep up with demand for pickups[/URL] [LIST] [*]General Motors ([URL='https://seekingalpha.com/symbol/GM']GM[/URL] -2.9%) says it will invest [URL='https://www.cnbc.com/2021/02/11/general-motors-invests-100-million-in-two-us-plants-to-boost-transmission-production-.html']$100M[/URL] in two U.S. manufacturing plants to boost production of 10-speed automatic transmissions found in two of its popular pickups. [*]The automaker is investing $93M in a plant in Romulus, Michigan to increase machining capability and $7M in a Bedford, Indiana plant for increased die casting metal capabilities. [*]The investments are aimed at boosting production of transmissions for Chevrolet Silverados and GMC Sierra pickups amid increased demand. [*]Trending topic in auto today: [URL='https://seekingalpha.com/news/3661247-the-electric-vehicle-revolution-needs-battery-cell-capacity-to-keep-up']The electric vehicle revolution needs battery cell capacity to keep up[/URL]. [/LIST] [/QUOTE]
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