GM recently announced a major investment of $332 million to renovate its transmission plant in Toledo, Ohio. The plant will begin production in early 2010 of new Hydra-Matic six-speed transmissions for front-wheel-drive vehicles. The project is expected to retain 600 UAW-organized jobs at the facility.

GM began production of its six-speed transmissions in 2006 at its plant in Warren, MI. The transmission is currently being used it the Saturn Aura, Pontiac G6, Saturn Outlook, GMC Acadia, and Buick Enclave .

The new investment in Toledo will allow GM to incorporate the transmission into additional vehicle lines. GM will also invest an additional $57 million for supplier tooling and other equipment to support the Toledo operations.

Last, year, GM invested $540 million in the Toledo plant in order to produce six-speed transmissions for rear-wheel-drive vehicles. That initiative was responsible for the retention of 900 UAW jobs at the facility.

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