General Motors to invest $888M in Town of Tonawanda plant
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The $888 million investment by General Motors in its Town of Tonawanda engine plant is great news for the factory and its 870 workers because it solidifies the facility's future. But it won't lead to any new jobs.
GM to invest $888 million in its Tonawanda plant, securing 870 jobs and receiving $16.96 million in tax credits.
The automaker has announced an $888 million investment project at the metals-intensive truck and sport utility vehicle engine plant in Tonawanda, New York.
The automaker will use the funds to install new machinery, equipment, tools and facility renovations at its Tonawanda Propulsion plant.
General Motors is investing heavily into a New York plant that will produce its next generation of V-8 engines that will go into trucks and SUVs.
General Motors has announced that it will be spending $888 million on its new production plant for the next generation V8 engine. Here's where it's being made.
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