Investment Announcement - General Motors is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York, to support the production of the sixth generation of GM's V-8 engines [1][5] - This investment marks a shift from a previously announced $300 million commitment for electric-vehicle drive units at the same plant [1][5] Engine Development - The new V-8 engines are expected to provide better fuel economy and reduce emissions through new combustion and thermal management innovations [2] - The plant will continue producing fifth generation V-8 engines while preparing for the sixth generation, which is set to start production in 2027 [5] Job Creation and Economic Impact - The project will support 870 jobs at the Tonawanda Propulsion plant, including 177 jobs that were deemed at risk [6] - New York State plans to provide up to $16.96 million in tax credits in exchange for GM's investment commitments [6] Commitment to Manufacturing - GM's investment reflects a commitment to strengthening American manufacturing and supporting jobs in the U.S. [2] - The Buffalo plant has been operational for 87 years and continues to innovate in engine production to enhance fuel efficiency and performance [3]
GM to pour $888M into building new V-8 engine in New York plant