GM to announce billion-dollar investment, new jobs in US

DETROIT (WKBN) – A person briefed on the matter says General Motors will announce a $1 billion investment in its U.S. factories that will create or keep around 1,000 jobs.

The investment will be announced Tuesday. The person tells The Associated Press that the investment is part of the normal process of equipping factories to build new models, and it’s been planned for months. The person didn’t want to be identified because the announcement hasn’t been made yet.

Multiple factories will get part of the money, but GM does not plan to state where the new jobs will go, according to the person. The company plans to use the announcement to tout both blue-collar and white-collar U.S. jobs it has created in recent years, the person said.

President-elect Donald Trump has attacked GM and other automakers for building vehicles in Mexico and shipping them to the U.S.

Trump has threatened to tax GM for importing the compact Chevrolet Cruze. While GM builds hatchback Cruzes in Mexico, most Cruze sales are Ohio-built sedans.

(Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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