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Share Name | Share Symbol | Market | Type |
---|---|---|---|
General Motors Company | NYSE:GM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.24 | 0.54% | 44.77 | 45.195 | 44.38 | 44.50 | 13,987,637 | 00:59:55 |
By Stephen Nakrosis
General Motors Co. (GM) said Friday it plans a $1 billion investment in its Wentzville, Mo., plant as part of a $1.5 billion plan to bring a new generation of midsize pickup trucks to market.
The investment will help the plant retain 4,000 manufacturing jobs and is part of its strategy to "invest in growth areas" and strengthen its U.S. manufacturing base, GM said. "The Wentzville plant's paint shop, body shop and general assembly areas will receive upgrades, including new machines, conveyors, controls and tooling."
The facility opened in 1983 and builds the Chevrolet Colorado and GMC Canyon midsize pickups and Chevrolet Express and GMC Savana full-size vans, GM said.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
December 13, 2019 13:12 ET (18:12 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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