General Motors Corp. plans to invest some $500 million in its Toledo, OH, transmission plant to tool up for production of its new Hydra-Matic 6L80 6-speed, rear-wheel-drive automatic transmission for use in GMT900-based trucks and SUVs. The investment includes a partial facility renovation and a 400,000-sq.-ft. (37,161-sq.-m) expansion in workspace, along with new machinery, equipment and tooling to support the new products, GM says. Approximately 900 current employees will transition ...

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