General Motors will meet with the Missouri governor on Thursday and the automaker is reportedly interested in spending a large sum of money to retool and expand the Wentzville assembly plant.
The plant currently builds the Chevrolet Express, GMC Savana, Chevrolet Colorado, and GMC Sierra—all models that have fared well in today’s market conditions. The subject of the meeting, which the St. Louis Post-Dispatch first reported today, reportedly revolves around an incentives package as GM looks to inject a rumored $1 billion into the assembly plant.
The investment likely comes ahead of a next-generation Chevrolet Colorado and GMC Canyon. We’ve yet to hear word on what’s in store for GM’s incredibly old full-size vans, though they continue to sell well.
Local lawmakers said they weren’t aware of any details surrounding the meeting, while a GM spokeswoman simply said these types of meetings happen frequently.
“GM regularly meets with communities and officials to discuss mutual priorities. Although we have no announcements or information to share at this time, we appreciate the willingness of state officials in Missouri to work with us on potential opportunities within the state,” spokeswoman Kim Carpenter, told the newspaper.
An investment in Wentzville would follow the latest GM investments in U.S. manufacturing. The automaker announced earlier this year it would invest millions into the Orion, Michigan, plant for a new Chevrolet electric vehicle. GM followed the announcement with news of a second shift at the Bowling Green, Kentucky, plant for mid-engine C8 Corvette production.
Meanwhile, the fate of three U.S. sites hangs in the balance. GM and the UAW will negotiate the future of the Lordstown and Detroit-Hamtramck plants later this year, plus two transmission facilities: one in Michigan and the other in Maryland.
Wentzville currently employs 3,500 workers with a median yearly wage of $81,000.
Source: St. Louis Post-Dispatch