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GM General Motors Company

45.0319
0.1719 (0.38%)
07 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
  0.1719 0.38% 45.0319 45.54 44.96 45.10 10,301,583 00:57:52

General Motors to Invest $71 Million in 2 Ohio Factories

28/09/2020 7:25pm

Dow Jones News


General Motors (NYSE:GM)
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By Chris Wack

 

General Motors said Monday it plans to invest $71 million into two Ohio factories, including $39 million at its Toledo transmission plant and $32 million at its Defiance casting plant.

The auto maker said work will begin immediately at the two locations and these investments will enable it to retain 240 manufacturing jobs.

The Toledo investment will be used to upgrade and enhance the production of GM's eight-speed rear-wheel-drive transmission, and the Defiance investment will be used to prepare the factory for future engine casting components work.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

September 28, 2020 14:10 ET (18:10 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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