PARMA, Ohio-- General Motors will invest more than $200 million in its Parma Metal Center, the company announced on Wednesday.
The $218 million will go towards installing two new progressive presses, dies and sub assemblies. GM also awarded $334 million to three plants in New York.
"The UAW's negotiations with GM to reinvest in the Tonawanda, Rochester, Lockport and Parma plants have paid off not only for our members but also for those communities. Our strategic bargaining efforts will keep and grow great American auto manufacturing jobs in places that have seen too much manufacturing disappear and will solidify the job security our members deserve," said Cindy Estrada, UAW/GM department vice president.
The Parma Metal Center employs more than 1,300 people. The funding will not created any new positions.
In 2014, GM invested $14 million in the Parma plant.
“For Parma, today’s investment news continues to create good, stable jobs for our family and communities’ economic future. Through the collective bargaining process, UAW members at Parma stamping have secured long-term commitments to continue to produce world-class products for General Motors," said Ken Lortz, UAW Region 2-B director.