Stef W. Kight Jan 17, 2017
SaveSave story

GM makes it official: $1 billion and 1,500 jobs

Paul Sancya / AP

GM announced they will invest $1 billion in U.S. factories, creating about 1,500 jobs. This comes just a couple weeks after Trump tweeted at GM threatening a "big border tax" if they move jobs out of the country. But GM said it was coming either way.

As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners. The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value.— GM Chairman and CEO Mary Barra