General Motors is pouring $680 million into two U.S. plants and another half a billion into a plant in Canada to increase production of gasoline-powered vehicles, the company said April 29.
GM CEO Mary Barra announced the investments in Michigan and Ohio on Fox News’ “Special Report with Bret Baier.”
“The investments … will continue strengthening our plants there,” she said on the show the evening of April 29. “And these are plants that will be contributing to our new generation truck that will be coming in the not-too-distant future.”
GM Canada also confirmed earlier April 29 it also was making an investment in St. Catherine’s propulsion systems for next-generation truck production of $691 million Canadian dollars.
The latest announcements bring GM’s investments in its U.S. footprint to over $6 billion in the past year.
The news comes on the heels of GM earnings, where the company noted it was working to increase domestic inventory of gasoline-powered vehicles. The uptick in production will support vehicle production across GM’s U.S. manufacturing sites.
Where the U.S. investment is going:
Mike Booth, UAW-GM vice president, congratulated the union’s teams in Romulus, Toledo and Saginaw in a statement on the announcement.
“These investments mean greater job security for our members and stability for these facilities, which could not be more important to us,” Booth said. “The future of U.S. manufacturing is in our hands, and together we will shape it, define it and set up future generations of auto workers on the foundation of our success. In many ways, today is just the beginning.”
Jackie Charniga covers General Motors for the Free Press. Reach her at jcharniga@freepress.com.
This article originally appeared on Detroit Free Press: GM to pour millions into Michigan, Ohio plants for truck, SUV parts
Reporting by Jackie Charniga, Detroit Free Press / Detroit Free Press
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