The state has announced that General Motors, a global automotive company, will invest $334 million in new machinery and equipment at its Tonawanda, Lockport and Rochester plants to produce future engine and component products. The project will support 67 new jobs in Tonawanda and retain 1,194 positions at the three plants. Empire State Development will provide up to $7 million in capital grants and Excelsior Tax Credits in return for job and investment commitments to move the project forward. General Motors maintains 4,200 total manufacturing jobs in New York State.
General Motors Invests $334M in NYS
December 15, 2016 By