GM announces 7,000 U.S. jobs in $1B investment - WNEM TV 5

GM announces 7,000 U.S. jobs in $1B investment

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DETROIT (AP) -

General Motors announced a $1 billion investment in its manufacturing operations, creating a combination of 7,000 U.S. jobs.

The Detroit automaker made the announcement Tuesday morning. The investment is part of the normal process of equipping factories to build new models.

Multiple factories will get part of the money, but GM did not give specifics on where the new jobs will go. Details of individual projects will be announced throughout the year, a press release said.

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.

“We will continue our commitment to driving a more efficient business,” said GM CEO Mary Barra. “As shown by our insourcing of more than 6,000 IT jobs that were formerly outside the U.S., streamlining our engineering operations from seven to three, with the core engineering center being in Warren, Michigan, and building on our momentum at GM Financial and in advanced technologies.  These moves, and others, are expected to result in more than 5,000 new jobs in the U.S. over the next few years.”

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

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

On the eve of the Detroit auto show press days last week, Barra said the company has no plans to change where it produces small cars due to Trump's threats.

Barra said the auto business has long lead times for where it produces vehicles, with decisions are made two to four years ahead.

Barra, who is part of a Trump economic advisory group, said it's too early to talk about a possible tariff. She said the company has more in common with Trump's goals on trade and jobs than differences.

The company also confirmed 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.

To read the full press release, click here

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