GM Components Holdings is a leading provider of automotive components, with a strong presence in the global market. The company's expertise in designing and manufacturing complex components has earned it a reputation for quality and reliability.
GM Components Holdings has a robust supply chain network, with partnerships with over 100 suppliers worldwide. This network enables the company to source high-quality materials and components efficiently.
The company's focus on innovation has led to the development of cutting-edge technologies, such as advanced materials and manufacturing processes. These technologies have improved the performance and efficiency of GM Components Holdings' products.
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About GM Components Holdings
GM Components Holdings is a wholly owned subsidiary of GM, operating in New York, Michigan, and Indiana.
The subsidiary includes several plants that manufacture and sell various products to GM and other customers.
Some of the plants under GM Components Holdings are Thermal Systems in Lockport, New York, which produces HVAC climate control systems and powertrain cooling systems.
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Company Overview
GM Components Holdings is a wholly owned subsidiary of General Motors, operating multiple plants across the US. These plants are located in New York, Michigan, and Indiana.
The company includes facilities like Thermal Systems in Lockport, New York, which manufactures HVAC climate control systems and powertrain cooling systems. Powertrain in Rochester, New York, focuses on engine management systems and related products.
Valve train products are the specialty of Powertrain Systems in Grand Rapids, Wyoming, Michigan. Electronics and Safety in Kokomo, Indiana, produces semiconductors, thick film hybrids, and electronic assembly.
GM Components Holdings plants manufacture and sell products to not only General Motors but also other automotive and non-automotive customers.
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History
GM Components Holdings has its roots in the 1950s as a parts supplier for General Motors.
The company's history is closely tied to the growth and expansion of General Motors.
In the 1960s, GM Components Holdings began to establish itself as a major player in the automotive parts industry.
The company's early success was largely due to its ability to supply high-quality parts to General Motors' manufacturing facilities.
One of the key milestones in GM Components Holdings' history was the introduction of new manufacturing technologies in the 1980s.
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Financial Information
GM Components Holdings generates a significant amount of revenue each year, estimated to be around $243M annually.
This revenue translates to a substantial amount per employee, with an estimated revenue per employee of $412,500.
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Industry Insights
GM Components Holdings is a significant player in the automotive industry. It was established in 2006 as a result of General Motors' restructuring efforts.
The company's focus on efficiency and cost savings has led to significant improvements in its operations. GM Components Holdings achieved a 25% reduction in costs through its restructuring efforts.
GM Components Holdings has a strong presence in the global automotive market, with operations in several countries. Its primary goal is to provide high-quality components to General Motors and other automotive manufacturers.
The company's commitment to innovation has led to the development of new technologies, such as advanced materials and manufacturing processes. These innovations have helped GM Components Holdings stay competitive in the market.
GM Components Holdings has a strong partnership with General Motors, which has enabled the company to provide high-quality components to the automaker. This partnership has been a key factor in the company's success.
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Gm to Invest $119 Million in Grand Rapids
GM is investing $119 million in tools and equipment at its Grand Rapids Operations to support production of future vehicle components.
This investment will create approximately 300 jobs, which is nearly half of the 650 planned employee additions within GM.
The plant, located in Wyoming, Mich., has around 500 employees working on three shifts.
It produces a variety of precision-machined automotive engine components used in Chevrolet, Buick, GMC, and Cadillac vehicles.
These components include lash adjusters, roller hydraulic valve lifters, cylinder deactivation lifters, continuously variable cam phasers, and metal stampings.
The investment is part of GM's $5.4 billion plan to upgrade its U.S. facilities, with approximately $3 billion already identified.
GM has invested around $50 million in the Grand Rapids Plant since 2009 for new product programs, capacity expansion, and infrastructure improvements.
The Grand Rapids Plant has been building precision machined automotive components for almost 70 years.
It's one of four plants that make up the GM Components Holdings consolidated subsidiary of GM.
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Frequently Asked Questions
What auto parts brand does GM own?
GM Genuine Parts and ACDelco are the two auto parts brands owned by General Motors, offering high-quality OE parts globally.
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