General Motors is preparing to announce yet another major investment in the United States and its facilities. The Detroit News reports the automaker will announce a $1 billion investment into its U.S. plants and create 1,000 new jobs in the process.
Sources close to the automaker’s plans state the investment has been in the pipeline and is not a direct response to criticism from President-elect Donald Trump. Further details surrounding where the investment monies will go is not known at this time.
It’s a fair assumption this investment may surround future crossovers and the plants responsible for building them, knowing GM has laid off thousands of employees from a handful of plants that build passenger cars. The automaker cut a shift at the Detroit-Hamtramck assembly, shedding 1,270 jobs, and laid off a third shift at the Lansing Grand River assembly, cutting 2,000 hourly workers due to slow passenger car sales.
GM most recently announced a $900 million investment for its Toledo, Ohio, Lansing, Michigan, and Bedford, Indiana operations the same day it announced the shift cuts.
Less than two years ago, GM also invested $5.4 billion into U.S. manufacturing operations across numerous U.S. facilities.