The supplier will spend $33 million to expand its Shelbyville, Ky., stamping plant that produces doors and roofs for the Big 3. When completed, the tandem press line will be automated and will include one double-action 2,000-ton press and five single-action 1,000-ton presses.
Budd will spend $38 million for improvements at 20 plants in the United States and Canada that make engine components and $9*million to upgrade and expand its Marinette, Wis. brake plant.
Another $7.5 million will be spent on assembly and production facilities at Budd's Detroit stamping plant and its Milford Fabricating Co. And $7 million will be spent for new equipment and $5 million for two new presses at the Plastics Division plants in Carey and North Baltimore, Ohio, that produce sheet-molded composite body panels.
Including the most recent investment, Budd has spent $470 million since 1990 to enhance plant operations.