The announcement of a $7 billion investment by General Motors into electric vehicle assembly plants in Michigan is welcome news for local auto suppliers.
Dan Casey, CEO of the Economic Development Alliance of St. Clair County, said, “GM’s investment in Michigan to support its electric vehicle platforms will create a significant spin-off in the supplier base. In St. Clair County, we’re already hearing from companies that expect to win contracts supporting one or more of GM’s EV platforms.”
Casey said that this investment is tremendously important for Michigan in maintaining its leading position in the mobility sector.
GM’s investment is expected to retain and create 5,000 jobs at the Orion Township assembly plant and the Ultium battery cell plant in Lansing.
Over the next two decades, the GM investment is expected to generate $28.8 billion in personal income for GM workers, suppliers, and local small businesses. Michigan’s extensive supply chain, some of which is located in the Blue Water Area, has the potential to benefit.
Reporting for WGRT – Jennie McClelland
