Steel Markets
November 27, 2018
GM to Close Five North American Auto Plants in 2019
Written by Sandy Williams
General Motors announced Thursday that it will stop production at five North American assembly plants by the end of 2019, alarming workers and suppliers. The closings include Detroit-Hamtramck, Warren Transmission and Lordstown Assembly in Ohio, Oshawa Assembly in Ontario and Baltimore Operations in Maryland. It will be the first closure for GM since 2010.
The closures will affect 6,300 workers, including 3,330 in the U.S. Last month, GM offered voluntary buyouts to 18,000 salaried workers to meet its goal of eliminating 15 percent of its salaried positions, including 25 percent fewer executives.
