GM to invest $5.4B in U.S., Michigan plants
Submitted by fp1 on Fri, 2015-05-01 11:14General Motors Co. on Thursday said it will create 650 new jobs as it invests $5.4 billion into U.S. plants through 2017, including a total of $783.5 million at three Michigan sites.
GM and UAW executives announced the investments at GM's Pontiac Metal Center, which is getting $124 million in upgrades, including a new press. It will add 15 jobs with the investment. The plant was among those that faced closure around GM's bankruptcy but today has about 490 employees.