May 12, 2004
GM announces $116 million investment in Canadian engine plant
St. Catharines, Ontario – General Motors of Canada announced a $116 million
investment for the GM St. Catharines Engine Plant to manufacture key components for
their new 6-speed front-wheel-drive automatic transmission.
The St. Catharines Engine Plant will use an innovative gear grinding technology that
has not been used in high-volume automotive applications, to produce the new gear
set that is assembled in the new 2007 model year transmission. The new investment
will create approximately 100 new jobs in the St. Catharines facility.
The new 6-speed transmission optimizes power with a smooth operation and is expected
to offer up to four percent improvement in fuel economy over traditional 4-speed
automatic transmissions available in today’s front-wheel-drive cars.