The Missouri automotive industry scored another victory with General Motors’ plan to invest $133 million in its Wentzville facility, Gov. Jay Nixon announced. GM will add a third stamping press to the assembly and stamping plant, with the potential for creating or retaining 55 local jobs.
The $133 million is the second major investment by General Motors in the Wentzville facility in the past two years. In 2011, the company announced a plan to invest $380 million and create or retain 1,260 new jobs to produce a new mid-size pickup as well as 400 new jobs to support demand for their existing vehicles.