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General Motors will announce a $1 billion investment in its factories that will create or keep around 1,000 jobs, a person briefed on the matter said Monday.
The Detroit automaker will make the announcement Tuesday morning. The investment is part of the normal process of equipping factories to build new models, and it’s been planned for months, the person told The Associated Press. The person didn’t want to be identified because the announcement hasn’t been made yet. – READ MORE