GM to Invest $1 Billion in Wentzville, Mo., Plant
December 13 2019 - 1:27PM
Dow Jones News
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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