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GM to invest $1.3B in 5 factories

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By The Associated Press

Published: Tuesday, Dec. 17, 2013, 12:01 a.m.

General Motors will invest $1.3 billion in five factories in three states on higher-quality trucks and more fuel-efficient engines and transmissions.

About $600 million will go to the Flint, Mich., assembly plant for a paint shop for full-size pickups. An engine plant in Romulus, Mich., will get $493 million to build V-6 engines and 10-speed automatic transmissions.

A logistics center in a Detroit factory will cost $121 million, and $31 million will be spent in Toledo, Ohio, to build six-speed transmissions.

A Bedford, Ind., plant will get $29 million to make transmission parts.

It's unclear how many jobs will be added.

 

 
 


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