Fort Wayne GM Truck Plant Will Receive $230M Investment

By Scott Sarvay
By John W. Davis

September 20, 2011 Updated Sep 20, 2011 at 11:07 PM EDT

DETROIT/ FORT WAYNE, Ind. (Indiana’s NewsCenter) – UAW leaders revealed General Motors plan to invest $230 million dollars in the Fort Wayne Truck Plant.

Indiana's NewsCenter spent nearly an hour talking to workers at the GM Truck Plant Tuesday.

Most of the workers heeded union instructions to keep quiet about the investment until their contract is approved.

However, national UAW leaders said Tuesday's announcement is a "win" that will save 150 jobs in Fort Wayne.

UAW leaders also suggested that the invest could lead to the creation of an additional 150 jobs.

Meanwhile, the influx of $230 million will be used to build what GM is calling the next generation of full size Chevy Silverado and GMC Sierra pickup trucks.

Tuesday's announcement comes on the heels of the UAW's tentative four year contract with General Motors.

The deal marks the first new agreement since GM filed for bankruptcy in 2009.

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In July 2011, Flint, Michigan received a $328 million investment.

That is significant because Flint also makes Chevy Silverados and GMC Sierras.

That news caused some regional union leaders to rethink whether Fort Wayne would received the $230 million dollar investment.

However, Tuesday's announcement squashed that rumor.

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Meanwhile, only entry level workers will receive raises.

However, an average GM worker will still received at least $12,000 dollars in bonuses and profit sharing over the next few years.

UAW leaders touted that as a big "win" because GM is turning a profit and workers will receive a substantial share of it.

Right now, the contract is still tentative.

Plant workers still need to approve the deal.

We're told those necessary final votes could take place next Thursday.




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