GM to pour 300 million into Flint plant
GM expected to announce Flint investment Monday
"General Motors Co. is expected to announce Monday it will invest about $300 million to build a new full-size truck at its Flint Assembly plant, according to sources familiar with the plans.
The investment will create or retain hundreds of jobs, the sources said.
GM spokeswoman Kim Carpenter declined to comment other than to say: "We have some exciting news and we look forward to sharing it on Monday," when company and union executives have scheduled a morning news conference in Flint.
GM Labor Relations Vice President Cathy Clegg and United Auto Workers Vice President Joe Ashton are expected to attend the announcement.
Detroit-based GM builds full-size and heavy-duty trucks at the factory in Flint, including the Silverado HD and Sierra HD.
The plant employs 2,000 workers on two shifts; a third shift of 750 workers is to be added in this quarter."
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