GM, under pressure over its decision to close an Ohio factory, is set to announce up to $300 million in U.S. investments on Friday
By Heather Long and Heather Long Economics correspondent Email Bio Follow Josh Dawsey Josh Dawsey Reporter covering the White House Email Bio Follow March 21 at 7:46 PM General Motors plans to announce a $300 million investment at its Orion Assembly Plant in Michigan on Friday in an effort to assuage President Trump, who has berated the company all week for shutting a factory in Ohio.
“What’s going with General Motors? Get that plant open or sell it to somebody and they’ll open it. Everybody wants it,” Trump said to applause. “[GM and the UAW] say they have discussions coming up in September, October. I said, ‘Why not tomorrow?’ ” Barra tried to emphasize to Trump that the company has been working to relocate workers at Lordstown to other GM factories across the country. About 800 have transferred, according to the union, but Trump wasn’t satisfied with that, according to people familiar with the conversation.
The plant mainly produces an electric car, the Chevy Bolt, and a self-driving vehicle, which GM leaders say are key to the company’s future. Friday’s announcement comes after GM in 2018 announced it would invest a total of $100 million to build electric and autonomous vehicles at the Orion factory and at another Michigan facility.
The Lordstown factory opened in 1966 and has been a bedrock of the local community, providing middle-class jobs for thousands of families over the years. But auto plants “tend to last 50 or 60 years,” Dziczek said, meaning that Lordstown was “nearing the end of its useful life.”
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