TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

GM to invest $1.3B in 5 factories

By The Associated Press
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.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Healthy PA expands number of recipients but cuts benefits
  2. Gas drilling company withdraws application for forced pooling in Western Pennsylvania
  3. Consumer sentiment improves slightly in August
  4. Hershey unwraps new corporate logo
  5. Trib 30 stock index gains 4.85% in August
  6. Google tests Project Wing drone delivery
  7. Fiat-Chrysler shares may hit market soon
  8. Cadillac faces SUV challenge
  9. Dairy Queen victim of malware attack
  10. Government approves compromise on Corbett’s alternative Medicaid plan
  11. Consumer spending dips 0.1% in July as auto sales pull back
Subscribe today! Click here for our subscription offers.