18
May
18:39
GM invests $40m in Pontiac for electric vehicles
General Motors plans to inject $40 million into its Pontiac Stamping Plant in Pontiac, Michigan, as part of its continued push for total vehicle electrification.
“The investment will be used to renovate the existing facility, and install new, highly flexible fabrication machinery and presses to support future electric vehicle production and various product applications,” Kallanish learns from a GM release.
The renovation is slated to begin…
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Very good overview of the weekly steel market.
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