GM Canada and Unifor reach agreement to save hundreds of jobs with a C$170 million investment in Oshawa
OSHAWA, Ont –
General Motors Canada
Unifor
today announced that they have reached a “Transformation Agreement” that will transition the GM Oshawa Assembly operations to parts manufacturing and advanced vehicle testing.
The Agreement includes the following:
The Company
plans to invest in excess of C$170 million to support a transition of operations at the Plant from vehicle assembly to one focused on stamping, related sub-assembly, and other miscellaneous activities for GM and other auto industry customers.
GM
will convert part of the Oshawa Plant property into a test track for autonomous and advanced technology vehicles – further expanding the capability of GM’s Canadian Technical Centre (CTC) in Ontario. (link to Test Track Backgrounder)
The new business
will retain 300 Oshawa jobs with the potential to grow and generate significant additional jobs in the coming years, as the business attracts new customers.
GM Canada
will offer special relocations to Oshawa employees for jobs at some of its other Ontario operations.
GM will offer enhanced retirement packages to retirement-eligible Oshawa Assembly employees including vouchers toward the purchase of new GM vehicles, a benefit that will support both retiring employees and GM dealerships in Durham Region and surrounding areas.