GM to Spend an Additional $1 Billion on US Plants

  Source:  Advancedmanufacturing.org

General Motors Co. said it will spend an additional $1 billion on US manufacturing plants, a move the automaker estimated would add or retain 1500 factory jobs.

GM (Detroit) didn’t specify the factories affected, saying in a statement that such details “will be announced throughout the year.” The investment will involve “multiple new vehicle, advanced technology and component projects,” GM said.

Read More:  GM to Spend an Additional $1 Billion on US Plants by Bill Koenig