Friday, June 22, 2018
Business

GM to invest $334 million in three plants in upstate New York

TONAWANDA, N.Y. — General Motors will invest $334 million in three plants in upstate New York.

The company announced the investments Wednesday at an event with Gov. Andrew Cuomo at its plant in Tonawanda, just north of Buffalo.

The money will pay for new equipment and machinery needed to produce next-generation engines and other automotive components.

New York state agreed to provide up to $7 million in grants and tax breaks to support the upgrades. State officials say the company's investment will create 67 new jobs at Tonawanda and protect nearly 2,000 jobs overall at the plants in Tonawanda, nearby Lockport and in Rochester.

General Motors employs 4,200 people in manufacturing jobs around New York state.

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