GM Canada will produce new energy-efficient transmissions
GM Canada announces production of new gearboxes at the factory Powertrain St. Catharines
• The new investment of $ 245 million to the St. Catharines plant provides up to 400 jobs
• The plant will manufacture fuel-efficient six-speed box from the beginning of 2012
• The project was ahead 4 months to answer the demand of customers
In front of employees, union representatives and dignitaries from local and provincial governments and the federal president and general director of General Motors of Canada, Kevin Williams, today announced an investment of $ 245 million was the Powertrain GM situated in St. Catharines. The amounts will be devoted to the expansion of the plant for production of fuel-efficient six-speed box from the beginning of 2012. This investment has the St. Catharines plant is added to the 235 million ad recently to support the production of next generation engines to 2013. Together, these investments in production guarantee 800 jobs at the factory.
"The assistance we GRANTED GM Canada last year allowed him to reconnect with the growth," said the Honourable Tony Clement, Minister of Industry. "We are very pleased that GM Canada takes the path of growth and has committed to continue its activities in Canada. "
"Last year, we supported GM Canada by granting unprecedented sums to restructure the company. Today's announcement attests to good decision we made, "said the Honourable Jim Bradley, Minister of Municipal Affairs and Housing in Ontario and MP for St. Catharines. "Some 800 families in the region of St. Catharines see henceforth in a better future thanks to investments GM day; and excluding indirect jobs will be created, our economy will be much better. "
"Thanks to the support we have had, we have transformed our business and our future prospects are promising," said said Kevin Williams, president and general manager of GM Canada. "The strong customer demand for our new vehicles helped improve our financial results and enables the rapid expansion we do. The retail sales of vehicles Chevrolet, Buick, GMC and Cadillac to date exceed more than 22% growth in the industry, proving that our vehicles and our dealers respond positively to the request of our clients. "
The gearbox has six reports will be produced in St. Catharines offer customers a wide range of benefits, including reduced fuel consumption and extra performance. The plant will supply gearboxes to the plant construction vehicles CAMI Ingersoll and the Oshawa assembly plant for vehicles Chevrolet Equinox, GMC Terrain and Buick Regal. The new gearbox displays the same proven design of the current box Hydra-matic 6T40/45 GM is very renown for its refinement, its durability and low fuel to millions of customers around the world.
