GM to upgrade Wentzville plant
By Matt Sepic, KWMU
St. Louis, MO. – General Motors is spending $30 million to upgrade its stamping plant in Wentzville. The move comes as GM plans to cut about 25,000 jobs in the U.S.
The company is overhauling two giant stamping machines used to make body parts for full size vans.
GM vice president Joe Spielman says it won't mean new jobs, but it does mean the 2,600 positions here are safe.
"It is ensuring the jobs of the future and giving us the opportunity to build more and more variations of the van and build sheet metal faster so we have more doors better doors, better hoods better fenders and doing it every day," Spielman said.
Spielman says the plant is not getting any tax credits, though the state may provide money for training.