American automaker General Motors (GM) is set to invest $14m in the installation of a progressive press at the Parma Metal Center in Ohio.
The press will be used for both die tryout and regular parts production. It is expected to start production in late 2014 or early 2015.
It will enable the Parma Metal Center to improve product quality and productivity in support of its customers across North America.
Parma plant manager Al McLaughlin said: "We have a great team, and we all look forward to this opportunity to again prove that we are one team, one goal and world class as we serve the customers who purchase our cars, trucks and crossovers,".
Focused on metal stamping and assembly operations in North America, the Parma plant supplies automotive parts to support vehicle manufacturing operations at 13 assembly plants of General Motors in North America.
It processes more than 1,000 tons of steel per production day and supports about 40 customers, including plants that produce the majority of GM vehicles produced in North America. Parma has more than 1,400 total dies and is capable of producing up to 100 million parts per year.
Recently, GM made some investments at 2.3-million-square-foot Parma plant including $20m to support manufacturing operations of the next-generation Chevrolet Cruze; $25m for the installation of multi-flex assembly cells; and $20m for various press room upgrades.
Image: Parma Metal Center in Ohio. Photo: Courtesy of General Motors Co.
