The United Auto Workers announced Tuesday that GM plans to invest $380 million and bring more than 1,800 jobs to its Wentzville plant as part of a proposed contract with the union.
Mayor Paul Lambi says he's hoping the union will ratify the contract on Monday.
"The announcement made by the UAW seems to be a positive indication that contract negotiations went well," said Lambi. " And it seems to me that I would expect that contract to be approved and ratified."
A Missouri Senate committee heard testimony Monday on whether a state-created company needs more oversight, or has even outlived its usefulness.
Missouri Employers Mutual Insurance Company was created nearly 20 years ago to help small businesses obtain workers’ compensation insurance. Forrest Miller of the Missouri Restaurant Insurance Trust, testified that the Trust he chairs is shutting down, and that the state-owned insurance company may be partially to blame.