GM to Invest $265 Mln in Kansas Plant to Build Luxury Cadillac SUV

GM to Invest $265 Mln in Kansas Plant to Build Luxury Cadillac SUV


GM to Invest in Kansas after Deciding to Close Plant in S. Korea

U.S. automaker General Motors(GM), which decided to shut down one of its four plants in South Korea by the end of May, has announced that it will invest nearly 300 billion won in the United States.

GM said on Tuesday that it will invest 265 million dollars in its plant in Kansas City to build the first-ever Cadillac XT4 crossover SUV.

The automaker said that the new investment will create some 500 jobs, after about 700 people lost their jobs at the Kansas plant last year. 

This announcement comes after bad news for manufacturing jobs in Kansas City. 

The Harley-Davidson plant plans to close in 2019, eliminating about 800 jobs and the Procter & Gamble plant also has plans to close, affecting 280 full-time employees and 350 contractors.

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About Craig Ballantyne 14310 Articles
I love anything to do with Harley Davidson and have two beautiful children and a beautiful partner. In my spare time i like building websites and love anything to do with the internet.

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