GM plans to invest a billion dollars in its Missouri plant, according to state officials

WASHINGTON (Reuters) – General Motors Corp plans to invest $ 1 billion in its missouri badembly plant, where it builds vans and trucks, officials said Thursday.

Missouri Governor Mike Parson told the post-St. Louis expedition that GM, at an in camera meeting, presented a plan to invest in the plant and create jobs.

Parson told the paper that GM was looking for a package of incentives to be approved by the legislature before committing to the expansion project at its Wentzville plant, which builds the Chevrolet mid-size pickup trucks. Colorado and GMC Canyon, the Chevrolet Express Cargo van and the GMC Savana. full size pickup truck.

State Senator Bob Onder, in an article on Twitter, praised the plan. "I am delighted that @GM plans to invest $ 1 billion in our Wentzville community! It would extend a decades-long relationship between this great company and the great people of St. Charles County, "he wrote.

GM declined to confirm the investment, but said in a statement that he appreciated "the willingness of representatives from the state of Missouri to work with us on potential opportunities within the company." ;State".

It has been rumored that GM is building a new mid-size SUV based on Canyon and Colorado chbadis. Automotive News reported in 2016 that industry officials thought GM was considering completing the Fiat Chrysler Jeep brand.

GM has been the subject of criticism in Washington after announcing in November its intention to decommission five North American factories and cut up to 15,000 jobs. Since then, GM has announced new investments in the United States.

In March, GM announced plans to invest $ 1.7 billion in its US plants, creating 700 jobs, including $ 300 million at its Orion badembly plant in suburban Detroit. Last week, she announced the addition of a second shift at her Bowling Green, Kentucky, badembly plant, as well as the creation of 400 construction jobs for the Chevrolet Corvette.