GM to Invest $150 Million to Boost Heavy-Duty Pickup Truck Production

URLhttps://money.usnews.com/investing/news/articles/2
SourceU.S. News & World Report
Date Published06/12/2019
Author NameJoseph White
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name General Motors Co.
Parent companyGeneral Motors Co.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):43465
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):150
City reshored to:Flint
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredheavy-duty pickup trucks
What domestic positive factors made reshoring more attractive?Labor concessions, Other, expansion of current production
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