A big part of the expansion will be a new paint shop that will stretch half the length of the plant.
GM is led by Mary Barra, 53, the first female to lead a major global automaker. Despite the ignition switch controversy, Barra’s compensation more than tripled in 2014 to $15.8 million in her first year at the helm.
The multiyear project is expected to create approximately 2,600 new jobs in core areas like product engineering, IT and design, all areas critical to support future business growth.
Mayor Jim Fouts has said that an unnamed business is considering a $1 billion investment that could create 3,000 jobs, but neither he nor GM has confirmed it involved the automaker.
General Motors is about to make a huge investment improving its auto plants in Michigan and beyond.
General Motors CEO Mary Barra’s compensation more than tripled in 2014 to $15.8 million in her tumultuous first year in the automaker’s top job.
GM was helped by strong sales of SUV’s and pickups, which are its most profitable products.
Women are driving the auto industry as never before and they are also having a greater impact on society.
The GM CEO is one of 35 current and former GM employees who will be questioned,
The company’s plant in St. Petersburg will go dark by mid-year.