| 4:27 PM EST

GM To Cut More Metal



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General Motors is again making an investment in manufacturing capability in the U.S. Today it announced it will be spending $494-million—yes, just short of a half-a-billion, which somehow sounds more impressive—for the production of the next-generation Ecotec four-cylinder engines.

The primary recipient of spending will be the GM powertrain plant in Tonawanda, NY. It will be receiving $425-million to obtain the capacity—meaning facility renovation, new machinery, equipment, and tooling—to produce 370,000 engines per year. It also means the creation of about 470 jobs.



Current generation 2.4-liter Ecotec used in the Chevy Equinox

The powertrain plant in Defiance, OH, will be enhanced in the area of precision sand casting for the blocks with a $59-million investment. It will have the capacity for about 188,000 units per year. This will be a job add of about 80.

And the Bay City, MI, powertrain plant will begin producing the Ecotec con rod. There will be $10.5-million for capacity. There will be about 15 jobs added.

No details on the engines are available yet. But clearly, manufacturing matters at GM.