Author Topic: General Motors adding 400 new jobs, invests $300M in plant for new electric vehicle  (Read 812 times)

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Online mystery-ak

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General Motors adding 400 new jobs, invests $300M in plant for new electric vehicle
By Tal Axelrod - 03/22/19 11:10 AM EDT

General Motors on Friday announced it is adding 400 jobs to and investing $300 million in a Michigan plant to produce a new Chevrolet electric vehicle.

The investment is part of the company’s vow to invest $1.8 billion in its U.S. operations to add 700 new jobs and support another 28,000 jobs in six states, the company said in a statement.

“We are excited to bring these jobs and this investment to the U.S.,” GM Chairman and CEO Mary Barra said during an announcement at the Orion Township plant. “This new Chevrolet electric vehicle is another positive step toward our commitment to an all-electric future. GM will continue to invest in our U.S. operations where we see opportunities for growth.”

The company said the new vehicle is in addition to the existing hybrid Chevrolet Bolt EV. The car’s release date has not yet been made public.

The new automobile had originally been slated to be produced outside the U.S., but was moved to the Orion plant because it currently builds the Chevrolet Volt electric vehicle, off of which the new car will be based.

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https://thehill.com/policy/finance/435289-general-motors-adding-400-new-jobs-invests-300-million-in-orion-plant-for-new
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Offline sneakypete

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Am I the only one wondering what sort of tax breaks they are getting from this? We all know that with minimum wage jumping to 15 bucks per hour that they are going to  have to pay a minimum of 30 bucks per hour to get any job applicants.

Given the cost of opening a new plant and developing a new car,there HAS to be hidden government money wrapped up in that deal.
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