GM considers investing $1 billion in its Missouri plant, state officials say – Reuters

General Motors Co is considering a $1 billion investment at its Missouri assembly plant where it builds vans and trucks, state officials said on Thursday.

Source: in.reuters.com

General Motors Co (NYSE: GM) is planning to invest $1 billion at its Missouri assembly plant, where it builds vans and trucks. There has been speculation that the Company may build a new mid-size body-on-frame SUV based off the Canyon and Colorado chassis. Earlier in March, GM announced its plan to invest 1.7 billion in its U.S. plants, adding 700 new jobs, including $300 million at its Orion assembly plant in suburban Detroit. Last week, the Company announced that it will add a second shift at its Bowling Green, Kentucky, assembly plant which will create 400 jobs where it builds the Chevrolet Corvette.