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GM to Invest $491M at Indiana Stamping Plant

General Motors Co. said it will invest $491 million at its Marion, Ind., metal stamping operations to prepare the facility to produce a variety of steel and aluminum stamped parts for future products, including electric vehicles.

Betting Big on EVs

Detroit-area automakers in 2022 are accelerating their investments in electric vehicles (EVs).

Mitsui Seiki Kogyo Names President

Hiroyuki “Roy” Kawakami has been promoted to president of Mitsui Seiki Kogyo Ltd., the parent company of Mitsui Seiki USA Inc.