US Proposes Hefty Safety Violation Fine On GM Joint Venture Plant: Report

U.S. investigators have reportedly proposed a substantial fine on a joint venture battery plant in Ohio, operated by General Motors Company GM and LG Energy Solution in light of safety and health infringements.

The Occupational Safety and Health Administration (OSHA) investigators have recommended penalties amounting to $270,000 for the Ultium Cells plant, following an extensive probe into a fire and explosion incident that occurred in March, reported Reuters.

The report noted OSHA investigators identified a total of 19 safety and health violations at the facility and highlighted that the plant management overlooked the importance of adequately educating their workforce about safety protocols and emergency measures, jeopardizing the well-being of their employees. 

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Also Read: UAW Strike Ripple Effect - Layoffs Surge At Major Automakers: Report

Price Action: GM shares are trading lower by 2.91% at $30.08 on the last check Thursday.

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