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GM will invest $ 2 billion in several factories in the United States

creating or maintaining 4,000 jobs

The site Toledo gets $ 204 million for the new 8-speed box

General Motors announced it will invest approximately $ 2 billion in assembly plants and components in the United States, creating or maintaining more than 4,000 jobs in 17 plants spread over eight states.

"We do this because we have confidence in the demand for our vehicles and the economy," Dan Akerson assured, Chairman and CEO of GM during a demonstration held at the factory transmission Toledo its 54 years. "This new investment is in addition to $ 3.4 billion and more than 9,000 jobs created or maintained by GM since mid-2009. "

In the presence of the Governor of Ohio, John Kasich, Marcy Kaptur, Representative of the 9th district of Ohio in Congress and the mayor of Toledo, Michael Bell, Dan Akerson precise that GM will invest $ 204 million to preserve approximately 250 jobs in a factory that would produce a new automatic transmission 8-speed stuff for next ultramodern designs. It will provide exceptional performance and measured consumption.

GM sales in the United States in the first four months of the year were up 24.8% over 2010, the company has published last week a recipient quarterly report for the fifth consecutive time since the reorganization after bankruptcy in July 2009.

"The purpose of the UAW is to allow all licensees workers into an active status and see the company begin hiring again," said Joe Ashton, vice president of the GM section of the UAW. "These announcements will create and preserve thousands of jobs and General Motors will have to return to full employment hourly salaries. "

The first of the new investments - $ 131 million and about 250 more jobs in Bowling Green, Kentucky - was announced last week. The modernization of the plant and the establishment of a new tool to build the next generation Chevrolet Corvette will soon intervene. Corvette of the current generation will continue to be assembled for at least the next two vintages.

Over the coming months, GM will announce specific investments based on obtaining grants to state or region at some sites. According to the Center for Automotive Research Association, the effects induced by the planned investments will add nearly $ 2.9 billion to U.S. gross domestic product and create or retain more than 28,000 jobs.

"If the ongoing march recover, we are confident that GM will hire new workers to meet the demand for products built by UAW members," assured Joe Ashton. "I am proud of the great work of our adherents to ensure the success of the company. "

Joe Akerson says that working with the UAW was essential to the success of GM.

"Nobody shows as fantastic as to build them," Akerson has launched Joe Toledo to employees, or GM is implanted since 1916. "We need you and all of our teams in all our factories to continue has to be the best. "

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