DETROIT, Oct. 21 (UPI) -- General Motors Co. said Friday it would invest $325 million in a plant in Warren, Mich., in a move that would create or save 418 jobs.
The plant that produces transmissions for the Chevrolet Traverse, Buick Enclave, GMC Acadia and Chevrolet Malibu now has 679 employees, GM said in a statement.
The company said it will upgrade the plant to produce electric-vehicle components.
"This investment in the future recognizes the excellent workforce and operation of this plant," said GM Manufacturing Manager Gerald Johnson.
"While we aren't sharing many details about this product, I can tell you that this investment demonstrates how GM, working with our UAW partners, continues to innovate and bring new electrification solutions to our customers," Johnson said in a statement.