General Motors plans to invest $133 million in its Wentzville facility by adding a third stamping press to the assembly and stamping plant, with the potential for creating or retaining 55 local jobs.
In 2011, the company announced a plan to invest $380 million and create or retain 1,260 new jobs to produce a new mid-size pickup as well as 400 new jobs to support demand for their existing vehicles.
“Investments by global brands like GM have helped keep Missouri’s unemployment rate below the national average for 45 consecutive months,” said Gov. Jay Nixon.