Credit WBFO File Photo
GM is ramping up its manufacturing capacity on the River Road site with a planned $70 million investment. The factory is one of the main engine block sources for Chevy, GMC and Cadillac trucks and SUVs. Last year they also started producing engines for the new generation of Corvettes.
Union and corporate leaders say the latest round of money increases the viability of the Town of Tonawanda location and helps GM meet increasing demands for trucks and SUVs.
The investment is one of several seen at the plant in the last 10 years. In 2010, GM expanded Tonawanda Engine to produce the 2.0L and 2.5L Ecotec engines, as well as an all-new V8 design. It also saw a similar investment related to productivity and capacity in 2016, when the parent company in Detroit sent over $334 million. In total, GM said they have invested over $2.9 billion into Tonawanda since the beginning of the last decade.
cnn.com/live. here he is at this ford stamping plant, liberty, missouri, touting, talking economic growth. but what we were listening to for the last ten minutes was the president speaking and addressing the house republicans vote today, really strictly along party lines, voting once again to, quote/unquote defund obama care. here was the vote from earlier in the day for yourself. 230-189. now, this is about the 40th team that house republicans have held an anti-obama care vote. what s new is this. they have attached this anti-obama care bill to this measure to fund the government past september 30th, so that means the legislation meant to avert as the president was discussing, to avert this government shutdown is dead on arrival, hearing harry reid call it doa if and when it gets to the senate, where they refuse to defund obama care which democrats consider as big an
and millions of americans lost their jobs, their homes, their savings. they had been working a lifetime to get. but what the recession also showed was the fact that for decades, middle-class families had been working harder and harder just to get by, hadn t seen their incomes go up, hadn t seen their wages go up. manufacturing was moving overseas. and so what built our middle class had been buckling. had been weakening. and i think if you ask most americans when the economic crisis hit, they might not date it to lemans brothers collapsing. they would talk to you about when they got a pink slip that they didn t expect or the bank took away their home, or they didn t have health insurance. or maybe they were told the plant was shutting down and the assembly line was going quiet. those were tough times.
strength, so it s important that we get it right in washington. because even though our success as a country is ultimately going to depend on great businesses like ford, hard workers like you, government has to do some things. congress has to pass a budget. to make sure our education system works. and prepares our kids. and our workers for the global economy. if we re going to rebuild our roads, our bridges, our airports, our ports, government s got to be involved in that. if we re going to have scientific research and development, i was looking at all these newfangled pieces of equipment here. some of the things that allowed the efficiencies of this plant originated in laboratories and scientists doing work on the government s dime. that s how we maintain our cutting edge. these are things that help us grow. these are things that help the
the big three are all profitable. higher new workers. not just building more cars. you re building better cars. better trucks. look at what s going on right here at the plant. the new f-150 is built tougher than ever, more fuel efficient than ever. you got trouble making them fast enough. you had to bring on a third shift of 900 workers just to keep up with demand. and because ford invested $1.1 billion in this plant, pretty soon 1100 more workers will be joining you on these assembly lines in good union jobs building ford transmissions.