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GM General Motors Company

44.77
0.24 (0.54%)
02 May 2024 - Closed
Delayed by 15 minutes
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

GM to Invest $1 Billion in Wentzville, Mo., Plant

13/12/2019 6:27pm

Dow Jones News


General Motors (NYSE:GM)
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   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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