The General Motors Powertrain plant in Bedford will remain open under the automaker’s bankruptcy protection plan announced Monday.
Scott Moore, President of United Auto Workers Local 40 in Bedford, says he had heard many rumors about GM plant closings, but didn’t know what to expect when official news of the automaker’s bankruptcy was announced Monday morning.
“We got the news in a meeting with our plant manager at 8:15 this morning. He read basically a script that went out corporate wide that gave some information as far as the Bedford plant itself was not on the list of plants to be closed or idled,” Moore said.
When General Motors filed for bankruptcy, the corporation also announced 14 plants would be shuttered as part of the process. Moore says he had a feeling Bedford’s plant would survive.
“We were feeling as secure as can be, given the times we’re going through right now. That reason being is that they’ve had an ongoing investment in new machinery at the Bedford plant,” he said.
“GM has not been putting any money into a facility as far as that goes in an ongoing investment if they didn’t plan on keeping it.”
Moore says the Bedford factory is the only aluminum foundry left within GM’s powertrain division, making it vital to the company’s future. Still, he says, that’s no guarantee.
“Of course they can contract that work out to other companies. To furnish those parts for them. But we think they have to a lot of that kind of work in house,” he said.
Nationally, GM plans to cut 34 percent of its workforce, or 21,000 employees. As part of its bankruptcy, a GM stamping plant in Indianapolis will close. Factories in Fort Wayne and Marion will also remain open.