OHIO – Yesterday GM announced a new investment in its Parma Ohio stamping operation.
This 46 million dollar equipment upgrade will prepare the facility to support future product programs. Parma produces sheet metal stampings and assemblies for multiple GM product programs. The renovation work will begin immediately at the facility.
“Our Parma operation is a longtime leader in metal stamping capabilities and this investment reflects our confidence in the employees at Parma,” said Phil Kienle, GM vice president of North America Manufacturing and Labor Relations. “This investment will help the Parma team continue producing high quality, sheet metal stampings for a variety of future GM products,” said Gm in a press release.
Gm said this investment will help provide job security for the Parma workforce.
The Parma plant opened in 1948 and has been a longtime leader in metal stamping capabilities. The Parma Metal Center processes over 800 tons of steel per day and services or supports the majority of General Motors North America produced vehicles. Parma has over 750 total dies and is capable of producing up to 100 million parts per year. The manufacturing processes include small, medium and large transfer press lines, high speed progressive presses and a world class cut-to-length shear, as well as GM North America’s largest stand-alone, multi-cell, resistance and laser welding metal assembly operations. Parma employs approximately 1,000 employees. Hourly employees are represented by UAW Local 1005.