I wasn’t sure what to expect when I first traveled to Bedford to do a round of interviews with local community, government and business leaders when the small city in south central Indiana was named the 2013 Indiana Chamber Community of the Year.
But, it was immediately evident to me why the city won the designation, along with a host of other accolades and awards throughout the past year – including being named a Stellar Community by the Office of Community and Rural Affairs, which brought over $19 million in state and local investment to the community.
These people truly care for their hometown and for each other. And they make smart decisions through well-thought out partnerships that benefit the entire community today, while thinking ahead to the future and preparing the next generation to do the same. Read more about what they’re doing in the November/December edition of BizVoice®.
So it comes as no surprise that to cap off 2013, General Motors recently announced an additional investment into Bedford – $29.2 million for GM Powertrain Bedford, which includes $22.6 million to produce components for a new 10-speed transmission, as well as $6.6 million for an existing 6-speed transmission.
A press release notes that the total investment in five manufacturing sites in Michigan, Ohio and Indiana by GM comes to $1.3 billion overall, which will help create or retain 1,000 jobs.
It’s good news for Bedford and good news for the auto manufacturing industry.
Here’s a final toast to you, the community of Bedford, for one truly amazing year!