Lockport Components News Today

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General Motors is investing almost 154 million US dollars in its Lockport Components plant in western New York to produce components for electric motors in the future. Investments are also to be made in two locations in the state of Michigan. The investment in the New York plant involves the prod

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

GM will renovate its Western New York Lockport Components plant, where it will manufacture motor components for electric trucks and SUVs. 

GM announced announced a nearly $154 million investment in its Western New York Lockport Components plant to handle electric motor components production.

Between 2023 and 2026, GM expects to add as many as 230 new high-quality, well-paying jobs to the local economy by hiring dedicated experts in EV production

General Motors is announcing plans to invest nearly $154 million in its Lockport Components plant, to prepare it for a new role as the automaker begins a gradual transition toward all electric vehicle production.

General Motors announced today plans to invest nearly $154 million in its Western New York Lockport Components plant. The investment will be used to renovate the facility and purchase and install new machinery and equipment used in the production of the stator module, a key component in an electric motor.

General Motors plans to invest nearly $154 million in its Western New York Lockport Components plant. The investment will be used to renovate the facility and purchase and install new machinery and equipment used in the production of the stator module, a key component in an electric motor. Ultium Drive...

GM said the investment will be used to renovate the facility, and purchase and install new machinery and equipment used in the production of the stator module which is a key component of an electric motor.