General Motors to invest $906m at Spring Hill, Bay City
GM said it will invest $788.7 million to retool its Spring Hill plant so it can build an all-new, fuel-efficient engine and to modernize. That investment will create 792 new jobs and retain 16 jobs, GM said.
The automaker also said it will invest $118 million at its Bay City Powertrain plant, where it builds engine components. That investment will create 29 new jobs and retain 67 jobs, the company said.
The investments are part of commitments GM made as part of a new, four-year contract ratified last fall by UAW members to invest $8.3 billion over the next four years at its new plants. ■