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General Motors announced an additional $45 million investment in its Bedford, Indiana, aluminum die casting facility to expand the capacity of its EV drive unit casting facility.
This builds on the previous $51 million investment announced in December 2021 to prepare Bedford Casting operations for upcoming Chevrolet Silverado EV models. At that time, it was already producing parts for the GMC Hummer EV pickup.
According to the company, it needs to strengthen its entire manufacturing footprint to support the transformation towards an all-electric future.
The Bedford plant should be ready to meet the expected strong demand for new electric pickups, offering higher production volumes and the flexibility to continue producing conventional components.
Work on the facility will begin immediately. This shows that the company is confident in its need for expansion.
Recall that GM has over 150,000 reservations for the Chevrolet Silverado EV model alone (as of July), as well as the GMC Sierra version, as well as the GMC Hummer EV (with over 80,000 reservations for pickups and SUVs). .
Phil Kienle, GM’s vice president of North American manufacturing and labor relations, said:
“Our Bedford operation is one of the premier aluminum die casting facilities in the world and this additional investment is truly an investment in the Bedford team and their commitment to excellence. It will help build job security for the Bedford team to continue to prepare our entire manufacturing site for an all-electric future for years to come.”
General Motors added that since 2011, $456 million has been invested in Bedford Casting Operations.
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Given the rapidly expanding EV market, we’re likely to see more expansion rounds for this and other sites to handle the massive amount of electrification.
The US is currently seeing a huge increase in investment thanks to EVs. A double-digit number of new battery plants are under construction, as are new EV manufacturing plants, new AC and DC charging plants, electric motor and power electronics plants.
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