GM to invest $3 billion at Detroit-Hamtramck for electric truck
General Motors Co. would invest $3 billion into Detroit-Hamtramck Assembly for electric trucks and vans under the tentative agreement with the United Auto Workers, according to pages of the agreement obtained by The Detroit News.
Overall, the Detroit automaker would invest $5.7 billion into five plants and $2 billion into U.S. plant refurbishments over the life of the four-year deal. The $7.7 billion commitment represents 9,000 new and retained jobs. The details were not disclosed in a union summary of the agreement.
The commitments to invest in U.S. plants come as the automaker moves ahead with plans to close three U.S. plants — Baltimore Operations in Maryland, Lordstown Assembly in northeast Ohio and Warren Transmission in southeast Michigan.
The tentative agreement, however, saves one of the plants that has been slated to close. The investment at Detroit-Hamtramck would create 2,225 new jobs at the Detroit plant when producing the electric vehicles as well as battery modules at full volume. The Chevrolet Impala and Cadillac CT6 sedans are being built at the plant that employees 700 people until January.
Also under the agreement, the Warren Technical Center's pre-production operations would receive a new electric vehicle program, a $200 million investment that will retain 75 jobs.
Wentzville Assembly in Missouri would receive a $1.5 billion investment to build the next-generation of mid-size pickup trucks, which would retain 2,000 jobs. The plant currently builds the Chevrolet Colorado and GMC Canyon mid-size trucks and the Chevrolet Express and GMC Savana full-size vans.
GM would invest a combined $1 billion into Lansing Delta Township and Spring Hill Assembly in Tennessee for a next-generation midsize SUV. The commitment represents 5,000 jobs. Lansing builds the Buick Enclave and Chevrolet Traverse, and Spring Hill builds the Cadillac XT5, XT6, GMC Acadia and the Holden Acadia.
GM also is pledging $2 billion in U.S. plant refurbishments, but the proposed contract doesn't specify where.