General Motors announced in September that $760 million dollars will be invested into Toledo Propulsions Systems to make electric drive units.
TOLEDO, Ohio — In September, General Motors announced that $760 million dollars will be invested into Toledo Propulsions Systems to make electric drive units.
The first step is to prepare employees.
“We establish a launch team, that team has expertise in development standardized work and then they go through and train each of the employees on,” the plant’s Executive Director, Eric Gonzales, said.
Tony Totty, the president of the Local United Auto Workers chapter, said securing electric work also secures a piece of the future for the workers, as electric vehicles continue to see investment nationwide.
In 2021, President Joe Biden said the auto industry is committed to nearly half of new car sales to be EVs by 2030.
Now, Toledo’s plant will have a hand in that.
General motors just announced its financial results from last year, topping off at more than $156 billion.
“We made a commitment to have the same financial performance we had this last year,” Gonzales said. “So here at the Toledo plant we will continue to do the things we’ve done in the past.”
This commitment is positive news for auto workers as well.
“Our members look forward to the profit sharing that we negotiated,” Totty said. “That large number shows that our company is very profitable, which is good for us. Without that profitability we wouldn’t have the new work that we have.”
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