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GM Announces $1 Billion Factory Investment With 1,500 New Jobs

DETROIT (WWJ) - General Motors is making a major investment in its U.S. manufacturing operations, a move that will add about 1,500 new jobs to the workforce.

GM announced Tuesday it is investing $1 billion in a number of plants across North America. These investments follow $2.9 billion announced in 2016 and more than $21 billion GM has invested in its U.S. operations since 2009.

The new investments cover multiple new vehicle, advanced technology and component projects. A combination of 1,500 new and retained jobs are tied to the new investments. Details of individual projects will be announced throughout the year.

The company also announced it will begin work on insourcing axle production for its next generation full-size pickup trucks, including work previously done in Mexico, to operations in Michigan, creating 450 U.S. jobs.

"As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners," GM Chairman and CEO Mary Barra said in a statement. "The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value."

In addition, GM is confirming that another supplier has committed to make components for GM's next-generation full size pick-up trucks in Michigan, moving 100 supplier jobs from Mexico to the U.S.

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