DETROIT (AP) — General Motors Co., responding to demand for more fuel-efficient transmissions, plans to add up to 400 workers and invest $260 million at a factory in Toledo, Ohio, a move that is part of a larger investment at plants in eight states.
The company plans to put $2 billion into 17 facilities, a person briefed on the matter said. The time frame for the investments was not clear, and the person would not say how many jobs would be created. The person did not want to be identified because the investments have not been formally announced.
Auto companies frequently have to spend millions to upgrade factories to build new models or the latest parts.
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